4 posts and columns on repurchase

Liveblogging Yahoo’s 3Q Earnings: Busy, Busy, Busy (So Go Away, Tim Armstrong!)

in News on October 19, 2010 at 2:12 pm PT

Here we go with the Yahoo third-quarter earnings call starring CEO Carol Bartz, who has some–in the immortal words of Ricky Ricardo–‘splaining to do. Yahoo turned in a much-needed solid quarterly earnings report, with slightly better-than-expected earnings, although still weak revenues. CEO Carol Bartz sounded subdued and very much on script. Probably a good idea, considering!

As Its Stock Languishes, Yahoo Tries $3 Billion Buyback to Juice Shares

in News on June 30, 2010 at 3:10 pm PT

As BoomTown wrote last week, Yahoo’s stock has performed poorly over the last year. It’s down 9.8 percent for the month, 17.5 percent YTD and 11.6 percent year over year (which is the worst performance among a group of digital companies). The message from investors to CEO Carol Bartz’s efforts to turn around the fortunes of the Internet giant: Meh. So, today, the company is trying to do something about that via a board authorization to repurchase $3 billion in shares over the next three years.

Voices

IBM Sells Unit, Expands Buyback

in News on October 28, 2009 at 11:01 am PT

Dassault Systèmes SA agreed to pay $600 million to buy an International Business Machines Corp. unit that sells Dassault’s design software. The sale to Dassault, which makes software for computer-aided design and product management, removes one of the last vestiges of IBM’s once vast applications-software business.

Unlike Fed, Microsoft and HP Have No Debt and Billions in Cash

in News on September 22, 2008 at 7:01 am PT

Looks like this period of “rapid and profound change” on Wall Street hasn’t much fazed Microsoft and Hewlett-Packard. This morning Microsoft’s board authorized a new five-year $40 billion share buyback plan and an 18 percent dividend boost. Meanwhile, HP said its board had approved the repurchase of $8 billion in company stock.