In tandem with its Q1 report (I, II), Corning (GLW) has announced a new $2B stock buyback...

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

In tandem with its Q1 report (I, II), Corning (GLW) has announced a new $2B stock buyback program to replace a $1.5B program that expired in December, and has hiked its quarterly dividend by a penny to $0.10/share. The buyback is good for repurchasing 10% of shares at current levels, and the dividend hike raises Corning's yield to 3%. Shares +2.7% premarket. (PR)