IBM (IBM) Adds $5B to Buyback Authorization

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Go back to IBM (IBM) Adds $5B to Buyback Authorization

IBM (IBM) Dividend Increase 'as Expected', $5B Buyback Below Expectations - Wells Fargo

April 30, 2013 11:55 AM EDT

Today IBM (NYSE: IBM) announced a 10 cent dividend increase to $0.95 and increased its buyback authorization by $5 billion. In the view of analyst Maynard Um of Wells Fargo, the dividend increase was "as expected." The share repurchase was "slightly below" his expectations of $7-8... More