Nuance (NUAN) announces a $500M stock buyback plan, which may temper the angst around its FQ2...

|About: Nuance Communications, ... (NUAN)|By:, SA News Editor

Nuance (NUAN) announces a $500M stock buyback plan, which may temper the angst around its FQ2 miss. NUAN says results were impacted by "execution issues and external factors. We have taken immediate corrective actions to improve the performance of our business and revised our operating plan accordingly." The buyback may also be aimed at activist Carl Icahn's recent stake. (PR)