By local and wire sources
Energy options seminar is Aug. 8 in Waimea
The public is invited to come and learn about technologies and incentives for solar electricity at a free seminar on “Solar Electric Applications in Hawaii” from 6:30 to 8 p.m. Aug. 8 at Tutu’s House in Waimea.
ProVision Technologies Inc. will discuss issues relating to system design and new financial incentives.
Call 885-6777 for reservations and directions to Tutu’s House.
West Hawaii home expo slated for August
The public can get the latest information on how to create a dream home at the third annual West Hawaii Building & Design Expo for Creative Living. Presented by the Kona-Kohala Chamber of Commerce, the home expo is Aug. 3 through 5 at the Keauhou Convention Center at the Sheraton Keauhou Bay Resort & Spa.
Free to the public, the expo offers more than 100 exhibits by local companies in the areas of home design, construction, home decorating, landscaping, pools and spas, indoor and outdoor furniture, home security and more. A host of products, services and information relating to the building and improvement of homes, apartments and condos will be available.
Expo hours for the public are 5 to 8 p.m. Aug. 3, 9 a.m. to 5 p.m. Aug. 4 and 9 a.m. to 3 p.m. Aug. 5.
For additional information, contact the chamber office at 329-1758 or visit kona-kohala.com.
SAN FRANCISCO
Charles Schwab Corp. buying back shares
Enriched from the sale of its wealth management subsidiary, Charles Schwab Corp. will distribute $3.5 billion to its stockholders by buying back more than 100 million of its shares and paying a one-time dividend.
Under a plan announced Monday, the San Francisco-based stock brokerage will pay up to $22.50 per share for its own stock — 10 percent above last week’s closing price. The price of the buyback will be set through an auction that guarantees selling stockholders at least $19.50 per share.
After buying 84 million shares in the auction, the company will purchase up to 18 million additional shares from founder Charles Schwab to ensure its chief executive’s stake in the business remains around its current level of 18 percent.
By local and wire sources