Yahoo! Approves $3 Billion Stock Buyback | Android - Iphone - Applications

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Jul 01

Yahoo! Approves $3 Billion Stock Buyback

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Screen shot 2010 06 16 at 10.43.20 AM Yahoo! Approves $3 Billion Stock Buyback

The board of directors at Yahoo! Inc. (NASDAQ:YHOO) has announced that they have approved a $3 billion stock repurchase program. Yahoo! has been authorized to buy $3 billion of its outstanding shares of common stock over the next 3 years. The repurchase can be done through the open market or through privately negotiated transactions. [BusinessInsider]

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