American Hotel Income Properties REIT LP (AHIP) has obtained approval from the Toronto Stock Exchange for a normal course issuer bid. The announcement also outlines an Automatic Securities Purchase Plan to guide future share repurchases.

Marvell is signaling confidence in its future by announcing a $1 billion accelerated share repurchase. The company’s CEO believes this buyback demonstrates a firm conviction in both the business and the stock’s intrinsic value, raising the question of whether Marvell’s shares are priced too low.