TiVo (TIVO) Moves Higher Following $100M Buyback Plan
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Shares of TiVo (Nasdaq: TIVO) are moving higher this morning, following the announcement of a $100 million common stock repurchase plan.
With TiVo closing at $7.65 per share yesterday, the amount would be just over 13 million common, or just about 11 percent of the 119.18 million common outstanding shares. Of course, the number could fluctuate depending on timing of the purchases.
Shares are up 4.6 percent pre-market Friday.
With TiVo closing at $7.65 per share yesterday, the amount would be just over 13 million common, or just about 11 percent of the 119.18 million common outstanding shares. Of course, the number could fluctuate depending on timing of the purchases.
Shares are up 4.6 percent pre-market Friday.
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