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IBM board authorizes $5 billion to use for stock repurchases

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
IBM board authorizes $5 billion to use for stock repurchases Posted: Oct 27, 2009 2:00 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: IBM board authorizes $5 billion to use for stock repurchases
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more images more images IBM to spend $5 billion more on stock buyback SAN FRANCISCO — IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the fact the recession has choked off revenue growth. The announcement Tuesday brings IBM's pot for stock repurchases to $9.2 billion, [...]

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