AOL (AOL -1.6%) will reportedly launch a stock buyback this week to start returning part of the...

|About: AOL Inc. (AOL)|By:, SA News Editor

AOL (AOL -1.6%) will reportedly launch a stock buyback this week to start returning part of the $1.056B windfall it received from its patent sale to Microsoft to shareholders. The cash from the sale, which helped management thwart Starboard Value's proxy campaign, makes up a large chunk of AOL's current $2.5B market cap