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18:33
The Board of Directors of Chemed Corporation recently announced two significant capital allocation decisions: authorizing an additional stock repurchase program of up to $300 million, while maintaining the quarterly cash dividend at $0.60 per share.
This move highlights the company's ongoing commitment to shareholder returns and reflects management's confidence in future cash flow generation. The expansion of the stock repurchase program will provide the company with greater flexibility to optimize its capital structure by timely repurchasing outstanding shares. Meanwhile, a stable dividend policy continues to offer investors predictable cash flow returns. The combination of these two decisions not only demonstrates the company's robust financial strength, but also conveys a positive outlook for its long-term growth prospects.
18:25
The Federal Reserve's reverse repo operation accepted $377 million from 3 counterparties.
The Federal Reserve accepted $37.7 million from three counterparties in its fixed-rate reverse repurchase operations.
17:58
Daiwa Capital: CPI and employment data support the Federal Reserve keeping interest rates unchanged in March
According to ChainCatcher, citing Golden Ten Data, Lawrence Werther, Chief Economist at Daiwa Capital Markets America, stated that the January CPI report showing slowing inflation and this week’s better-than-expected employment data provide ample reason for the Federal Reserve to keep interest rates unchanged at the March policy meeting. Year-on-year growth rates for overall and core inflation in January were 2.4% and 2.5%, respectively, reaching the minimum threshold for maintaining a patient policy. In addition, core services inflation jumped 0.6% month-on-month, which may attract the attention of regional Federal Reserve presidents.
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