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RIM opts for share buyback, stock climbs

London : Canada | about 1 month ago  
Views: 7
BlackBerry maker Research In Motion Ltd announced a share buyback worth up to $1.2 billion on Thursday, driving up its share price, but analysts said competitive concerns will continue to exert pressure on the company's stock. Shares in RIM climbed 3.2 percent after the Waterloo, Ontario-based company...
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  • News Source: Sydney Morning Herald | 29 days ago
    The buyback of some 21 million common shares or about 3.6 percent of its currently outstanding shares would commence on November 9 and continue over the next 12 months. RIM shares have plummeted more than 30 percent since late September, after...
  • News Source: International Business Times | 29 days ago
    BlackBerry maker Research In Motion Ltd announced a share buyback worth up to $1.2 billion on Thursday, driving up its share price, but analysts said competitive concerns will continue to exert pressure on the company's stock. Shares in RIM climbed...
  • News Source: Fox News | about 1 month ago
    Research In Motion , the Waterloo, Ontario maker of the BlackBerry mobile device, said it will buy back up to $1.2 billion of its own stock. That represents about 21 million shares or 3.6% of its outstanding stock and the buyback plan will last for...
  • News Source: Miami Herald | about 1 month ago
    Phase Forward Inc., a data manager for clinical drug trials, said Wednesday that its board has authorized share buybacks of up to $40 million over the next year. The company, based in Waltham, Mass., may buy back shares from time to time in the open...
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  • Blog Source: www.phonesreview.co.uk
    The makers of BlackBerry mobile devices will be buying back $1.2 billion of its own stock which represents approximately 21 million shares or around 3.6% of its outstanding stock, the buyback plan is estimated to last for up to ...
  • Blog Source: techgeer.com
    Should RIM (Research In Motion) buy back its own $1.2 billion stocks? November 5, 2009 · Print This Article. RIM (Research In Motion) are doing something incredible and that is buying back its own stocks worth $1.2 billion. The makers of BlackBerry
  • Blog Source: hdlns.com
    EST Research In Motion Ltd. RIM-T said Thursday its board of directors authorized a $1.2-billion (US) share buyback plan. The program, which begins on Monday, covers 3.6 per cent of the currently outstanding common shares.
  • Blog Source: appleoverload.com
    BlackBerry-maker, Research In Motion (RIM), has announced plans to repurchase $1.2 billion in stock in order to compensate shareholders for the company's slowing rate of growth. RIM forecast its sales would slow down in its third ...
  • Blog Source: blogs.barrons.com
    Research In Motion (RIMM) this morning said its board has approved a plan to buy back up to $1.2 billion of its common stock, or about 3.6% of its shares outstanding at the current stock price. The program will remain in place for up to ...
  • Blog Source: www.9to5mac.com
    RIM plans $1.2b stock buy-back as iPhone factor impacts growth. Thu, 11/05/2009 - 7:12am — Jonny Evans. 00. BlackBerry-maker, Research In Motion (RIM), has announced plans to repurchase $1.2 billion in stock in order to compensate ...
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    @Kelly_Evans Indeed RT @patkiernan WSJ: launch of Droid phones could hit Blackberry-maker RIM hard. RIM key fail: bad web browser. http://bit.ly/badBerry

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