Yahoo! (YHOO) to Return Another $3B of Alibaba Proceeds to Shareholders
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Yahoo, Inc. (NASDAQ: YHOO) ripping higher after saying it will return $3 billion of proceeds on the Alibaba sale to shareholders. The stock is up about 2.3 percent.
$646 million the company has already been returned to shareholders through share repurchases since the announcement of the transaction.
$646 million the company has already been returned to shareholders through share repurchases since the announcement of the transaction.
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