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This repurchase authorization authorizes the company to purchase up to 0.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued. NYSE:FLUTRead Flutter Entertainment (NYSE:FLUT) to Buyback $245.00 million in Outstanding Shares2 hours agoKawasaki Heavy Industries (OTCMKTS:KWHIY) Releases Earnings Results, Misses Expectations By $0.26 EPSMarketBeatKawasaki Heavy Industries (OTCMKTS:KWHIY - Get Free Report) posted its earnings results on Wednesday. The industrial products company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.26). The firm had revenue of $3.31 billion for the quarter, compared to analyst estimates of $460 billion. Kawasaki Heavy Industries had a return on equity of 11.01% and a net margin of 3.49%. 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