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Stockreport

Verisk Analytics (VRSK) Enters $1.5B Accelerated Share Repurchase Agreement With Initial ~7.0M Share Delivery [Yahoo! Finance]

Verisk Analytics, Inc. (VRSK)  More Company Research Source: Yahoo! Finance
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Verisk Analytics Inc. (NASDAQ: VRSK ) is one of the best NASDAQ stocks to buy according to hedge funds . On February 23, Verisk Analytics officially entered into accelerated share repurchase agreements to buy back $1.5 billion of its common stock. The transactions are being conducted with HSBC Bank USA and Wells Fargo Bank as the primary counterparties. Upon the inception of these agreements, the banks are expected to provide an initial delivery of ~7.0 million shares to the company. This substantial move follows Verisk's broader strategic goals as a data analytics and technology partner for the global insurance industry. The final number of shares retired through this initiative will be determined by the daily volume-weighted average price of Verisk's common stock during the calculation period, minus a pre-negotiated discount. According to the terms, the final settlement for these transactions is anticipated to conclude no later than the end of the third fiscal quarter on Septembe [Read more]

IMPACT SNAPSHOT EVENT TIME: VRSK
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Stock performance from the time of news release until the following 4pm ET market close
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S&P 500 (SPX)

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Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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Stockreport

Verisk Analytics (VRSK) Enters $1.5B Accelerated Share Repurchase Agreement With Initial ~7.0M Share Delivery [Yahoo! Finance]

Verisk Analytics, Inc.  (VRSK) 
Last verisk analytics, inc. earnings: 2/18 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.verisk.com/overview/default.aspx
Verisk Analytics Inc. (NASDAQ: VRSK ) is one of the best NASDAQ stocks to buy according to hedge funds . On February 23, Verisk Analytics officially entered into accelerated share repurchase agreements to buy back $1.5 billion of its common stock. The transactions are being conducted with HSBC Bank USA and Wells Fargo Bank as the primary counterparties. Upon the inception of these agreements, the banks are expected to provide an initial delivery of ~7.0 million shares to the company. This substantial move follows Verisk's broader strategic goals as a data analytics and technology partner for the global insurance industry. The final number of shares retired through this initiative will be determined by the daily volume-weighted average price of Verisk's common stock during the calculation period, minus a pre-negotiated discount. According to the terms, the final settlement for these transactions is anticipated to conclude no later than the end of the third fiscal quarter on Septembe [Read more]

IMPACT SNAPSHOT
EVENT TIME:
VRSK
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS