|
Microsoft Unveils $40Bn Buy-Back Tuesday, September 23, 2008 - Ehud Rattner Home >> Headlines >> Computer Technology   
|
|
Microsoft has unveiled plans to spend $40Bn buying back its shares from investors, the biggest single buy-back plan in history. Analysts say the move is an attempt by the software giant to use its spare cash to prop up its share price which has fallen by almost 30% this year. Hewlett-Packard and Nike have also announced major buy-back programmes. The personal computer-maker will buy back $8bn of shares, while Nike's plan is worth $5bn. (source: news.bbc.co.uk)
|
|
|
|
| Related News |
|
StupidFilter - Time to Fight Back the Imbeciles |
|
Touch Me to Transfer Data |
| Related Pictures |
|
Microsoft's RoundTable |
|
SwitchBack – Rugged Ultra Mobile PC |
| Other Articles |
|
2008 in Science, Medicine and Space |
|
2008 In Technology |
