Other

Share Repurchase Program, Authorized, Amount

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ1 2024
Last reportedQ1 2024Dec 11, 2024

How to read this metric

Higher authorization levels signal management confidence in the company's financial health and commitment to returning capital.

Detailed definition

This represents the total dollar value of common stock that the board of directors has authorized the company to repurch...

Peer comparison

Common among mature, cash-generative firms; peers often disclose this to signal capital return strategies.

Metric ID: other_stock_repurchase_program_authorized_amount1

Historical Data

1 periods
 Q1 '24
Value$2.10B

Frequently Asked Questions

What is Ross Stores's share repurchase program, authorized, amount?
Ross Stores (ROST) reported share repurchase program, authorized, amount of $2.10B in Q1 2024.
What does share repurchase program, authorized, amount mean?
The total dollar amount authorized by the board for share buybacks.