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July 25, 2008 6:19:36 PM CDT


Stories related to: stock buyback

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2 Stories

  • April 2008
    • IBM Raises Dividend 25%

      IBM Raises Dividend 25%

      IBM raised its quarterly dividend for the thirteenth consecutive year today after posting strong Q1 earnings two weeks ago, the Wall Street Journal reports. The firm expects to pay $2.5 billion to shareholders this year after raising its dividend 25%, from 40 to 50 cents. IBM also expects to pass along another $12 billion to investors through stock buybacks. More »

      Tags

      computer   investors   shareholders   IBM   first quarter earnings   information technology   stock buyback

  • February 2008
    • IBM to Buy Back $15B of Stock

      IBM to Buy Back $15B of Stock

      IBM will repurchase $15 billion of its own stock, it revealed today, leading the IT company to raise its profit forecast for the year to beat Wall Street predictions. The Armonk, NY-based computing giant will spend $12 billion on the buyback this year, the AP reports. The company told the Street that would help elevate its projected earnings-per-share for the year by five cents over previous estimates. More »

      Tags

      Wall Street   IBM   earnings forecast   analyst guidance   stock buyback

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