Yahoo! (YHOO) Closes Initial Stake Sale w/ Alibaba; Receives $7.6B
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Yahoo! (YHOO) Shareholders: Buybacks > Dividends
October 8, 2012 9:25 AM EDTAccording to Bloomberg, Yahoo! (Nasdaq: YHOO) shareholders are opting for the company to repurchase outstanding shares with its recent Alibaba Group haul rather than pay out a dividend. The main reason is that it would show management still has confidence in the company under... More
