24/7 Wall St.
06-06-2008, 01:10 PM
24/7 Wall St. Daily News
This week was pretty light in the week of share repurchase announcements, and most of these were mere add-on buybacks to existing plans. Here are some of the plan additions announced this week: T. Rowe Price (NASDAQ: TROW) added 15 million shares of stock to its existing buyback plan, close to 6% of its outstanding stock. Tech Data (NASDAQ: TECD) announced $100 million for share buybacks, in addition to its existing plan. Its market cap is almost $2 Billion, so about 5% of its outstanding stock. One interesting buyback came from Thomson Reuters (NYSE: TRI), which added $500 million to...http://feeds.feedburner.com/~f/typepad/RyNm?i=bAD8zI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=bAD8zI) http://feeds.feedburner.com/~f/typepad/RyNm?i=4F6cEI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=4F6cEI) http://feeds.feedburner.com/~f/typepad/RyNm?i=2gssRi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=2gssRi)
complete story here... (http://www.247wallst.com/2008/06/stock-buybacks.html)
This week was pretty light in the week of share repurchase announcements, and most of these were mere add-on buybacks to existing plans. Here are some of the plan additions announced this week: T. Rowe Price (NASDAQ: TROW) added 15 million shares of stock to its existing buyback plan, close to 6% of its outstanding stock. Tech Data (NASDAQ: TECD) announced $100 million for share buybacks, in addition to its existing plan. Its market cap is almost $2 Billion, so about 5% of its outstanding stock. One interesting buyback came from Thomson Reuters (NYSE: TRI), which added $500 million to...http://feeds.feedburner.com/~f/typepad/RyNm?i=bAD8zI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=bAD8zI) http://feeds.feedburner.com/~f/typepad/RyNm?i=4F6cEI</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=4F6cEI) http://feeds.feedburner.com/~f/typepad/RyNm?i=2gssRi</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=2gssRi)
complete story here... (http://www.247wallst.com/2008/06/stock-buybacks.html)