Seeking Alpha

IBM has added $5B to its stock buyback plan, raising the company's total authorization size to...

IBM has added $5B to its stock buyback plan, raising the company's total authorization size to $11.7B. That's good for buying back 5.3% of outstanding shares at current levels. IBM's huge buybacks are a big reason why it has met or beaten EPS estimates (I, II) in recent quarters even as its revenue misses.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|