The final settlement of the ASR Agreement is expected to occur no later than the third quarter of 2022.
Popular Inc. announced it will carry out common stock repurchases of up to $500 million and an increase in its quarterly common stock dividend from $0.30 per share to $0.40 per share, starting in the second quarter of 2020. “We are pleased to announce our proposed capital actions for 2020 which are in line with […]
EVERTEC Inc. announced Wednesday that it’s Board of Directors has approved a stock repurchase program that authorizes repurchases of up to $75 million of its common stock over the next 12 months.
Several high-ranking FirstBank executives are getting significant pay raises this year, through a combination of cash and stock, according to a filing submitted to the Securities and Exchange Commission this week.
EVERTEC Inc. will be included in the Puerto Rico Stock Index, Interim Government Development Bank President José V. Pagán-Beauchamp announced Wednesday.
San Juan-based transaction processing firm EVERTEC Inc. announced Monday the start of an underwritten public offering of 15,287,473 shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain company officers and employees.
EVERTEC Inc. announced Thursday the pricing of a previously announced underwritten public offering of 20 million shares of its common stock by an affiliate of Apollo Global Management, LLC, Popular Inc., and certain officers and current and former company employees at $22.50 per share. The underwriters will have a 30-day option to purchase up to […]
Doral Financial Corp.’s stock plunged 19 percent Monday, closing at .57 cents per share. The significant drop comes in the wake of $32.5 million in third-quarter losses and a warning from the New York Stock Exchange of a possible delisting, as its stock has been trading for less than $1 over the past 30 days.
Oriental Financial Group Inc. announced Thursday it is looking to raise some $45.7 million from the sale of 4,390,243 shares of its common stock at a price of $11.10 per share.
Domestic ocean shipping company Horizon Lines Inc. announced Wednesday its common stock will begin trading on the OTCQB Marketplace, effective today.
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