stock buyback
- n a corporation's purchase of its own outstanding stock; increases earnings/share so stock price rises (which can discourage a takeover attempt)
stock buyback :
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News & Articles
- Medtronic Boosts Divident While Planning Share Buyback
Medtronic Inc., the largest maker of heart rhythm and spinal devices, increased its stock buyback program by 80 million shares and boosted its quarterly cash dividend to 28 cents per share.
June 20, 2013 - Bloomberg - Icahn changes tack, seeks $16B Dell stock buyback
Icahn changes tack, seeks $16B Dell stock buyback NEW YORK (AP) — Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private. Icahn, now the company's second-largest shareholder after buying 72 million shares from fellow activist investor Southeastern Asset ...
June 19, 2013 - San Francisco Chronicle - S&P 500 Stock Buybacks Increase Slightly in First Quarter
NEW YORK, June 19, 2013 /PRNewswire/ -- S&P Dow Jones Indices announced today that preliminary results show that S&P 500® stock buybacks, or share repurchases, increased 0.8% to $100.0 billion during the ...
June 19, 2013 - PR Newswire via Yahoo! Finance