Research in Motion Plans Big Share Buyback
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Index falls below 9000 level on selling
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- News Source: Palm Beach Post | 24 days agoArch Capital Group Ltd. said Friday it will buy back up to an additional $1 billion of its common stock. The insurance and reinsurance provider has $350.1 million still available under prior buybacks approved by its board. Arch Capital, based in...
- News Source: International Herald Tribune | 24 days agoIn a bid to reverse a steep drop in its stock price, Research in Motion , maker of the BlackBerry smartphone, said on Thursday that it would spend up to $1.2 billion to buy back shares. R.I.M.’s stock price has fallen about a third since September,...
- News Source: Fox News | 25 days agoThursday it will repurchase up to $1.2 billion of its shares over the next year. This after not buying any of its own stock over the past year. The tech giants join blue-chip companies including IBM (IBM), Travelers (TRV) and Visa (V), which have...
- Blog Source: blogs.barrons.comResearch 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.financialpost.comResearch in Motion Ltd. said on Thursday that it will spend up to US$1.2-billion over the next year in a share buy back that could help reverse a steep market slide that has seen the company's shares lose more than 30% of their value ... " RIM stock
- Blog Source: www.phonesreview.co.ukThe 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.comShould 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: techfloat.comBlackBerry-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 ...
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