corning inc (GLW:New York)
Transactions by CORNING INC (GLW) in the last 6 months
Corning Inc. (NYSE:GLW) announces a share repurchase program. Under the program, the company will repurchase up to $2 billion of its shares. Repurchase of shares will offset the potential dilution of shares embedded in the convertible preferred security. The repurchase program is subject to the closing of strategic and financial agreements with Samsung Display Co., Ltd.
The Board of Corning Inc. have authorized a buyback plan on October 22, 2013.
On October 22, ...
Corning Inc. (NYSE:GLW) announced that it will receive $400 million in funding from new investor Samsung Display Co., Ltd. on October 22, 2013. The company will issue new convertible preferred shares with a coupon rate of 4.25%. The preferred shares are convertible into common shares of the company at a conversion price of $20 per share. The company is receiving $2.30 billion in funding, of which $400 million is for private placement and $1.90 billion is for consideration ...
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