IBM (IBM)

International Business Machines Corp., said today it will add $5 billion to its plan to repurchase stock. IBM said it will repurchase shares on the open market or in private transactions from time to time, depending on market conditions. The company also said that its board today declared a regular quarterly cash dividend of $0.55 per common share, payable December 10, 2009 to stockholders of record November 10, 2009.
The move rewards shareholders after back-to-back quarters of profit gains.

Oct 27 · 11:58:00 AM · Source: Company News
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by Larry Etter