Corning (GLW) Weak Fundamentals Offset by a Massive Buyback
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Corning Reports Third Quarter 2015 Results and Announces Strategic and Capital Allocation Framework Designed to Return More Than $10 Billion to Shareholders Through 2019
October 27, 2015 6:51 AM EDTÂ Â
CORNING, N.Y., October 27, 2015Â - Corning Incorporated (NYSE: GLW) announced today a strategic and capital allocation framework designed to return more than $10 billion to shareholders through 2019, and also reported results for the third quarter ended Sept. 30, 2015.
Wendell P. Weeks, chairman, chief executive officer and president, said, "Corning is announcing a strategic and capital allocation plan that reflects the financial and operational strengths of our company, as well as our ongoing... More
