Genesco to buyback up to $100 million in stock.

DealerTrack Holdings announced that its board has authorized a stock repurchase program under which DealerTrack may spend up to $75 million to repurchase its common stock. DivX, a digital media company, announced that its Board has authorized the Company to repurchase up to $20 million of its common stock.

Baxter announced that its Board has authorized the repurchase of an additional $2 billion of the Company's common stock to be executed upon completion of the company's existing share repurchase program. Baxter has less than $700 million of remaining authorization under its previous $2 billion share repurchase program that was authorized in March 2007.

NYSE Euronext announced that its board has authorized the repurchase of up to $1 billion of NYSE Euronext's common stock.

Brookdale Senior Living announced that its Board has approved a share repurchase program that authorizes the Company to purchase up to $150 million in the aggregate of the Company's common stock.

Tiffany & Co said its Board has extended the expiration of its current stock repurchase program and authorized the additional repurchase of up to $500 million of Common Stock. This increase will enable the Company to repurchase up to $637 million of its Common Stock through January 31, 2011. The Board’s last increase to the program occurred in August 2006, when it authorized the repurchase of up to $813 million of stock through December 31, 2009. Of that, the Company has spent $676 million to repurchase 15.4 million shares at an average cost of $43.92 per share.

The Kroger Co. said its board authorized the repurchase of $1 billion of Kroger common stock. This repurchase authorization replaces the $1 billion stock buyback announced in June 2007, which had approximately $6 million remaining in it.

Patterson’s board has approved an expanded buyback program, raising the maximum number of shares authorized for repurchase from 6 million to 25 million. The program, which is effective until December 31, 2012, will be funded by internally-generated cash. Although the company is buying back shares, Patterson missed expectations and I am also concerned about its prospects. There could be a slowdown in spending by dentists, especially for high-end products, affecting the company’s future earnings. So, at this time, it may be best to watch this one from the sidelines.