 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
San Francisco (AFP) June 30, 2010 Yahoo! has set the stage to buy back three billion dollars worth of its stock in the coming three years, according to a filing Wednesday with US securities regulators. The plan was approved by the Yahoo! board of directors on June 24 and authorizes the pioneering Internet firm to repurchase as much as three billion dollars in common stock during the next three years. "The repurchases may take place in the open market or in privately negotiated transactions," the Sunnyvale, California-based company said in a filing with the Securities and Exchange Commission. The repurchase program was devised during an annual meeting of stockholders at which all members of the firm's board of directors were re-elected. Chief executive Carol Bartz and her predecessor Jerry Yang, a Yahoo! co-founder, each got more than a million votes in support of their positions on the board, according to the filing.
Share This Article With Planet Earth
Related Links Global Trade News
Taiwan targets Asian countries for FTAs: reportTaipei (AFP) June 30, 2010 Taiwan is now looking to forge several free trade agreements in Asia after signing a sweeping and historic pact with China, a report said on Wednesday. Taipei and Beijing put pen to paper on the Economic Cooperation Framework Agreement (ECFA) in the southwestern Chinese city of Chongqing Tuesday, in the boldest step yet towards reconciliation between the former rivals. Bolstered by the m ... read more |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
del.icio.us
Digg
Reddit
YahooMyWeb
Google
Facebook
