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VIEW EVENT INFORMATION: Yahoo! |
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With Its $5 Billion Share Buyback Program, Yahoo Still Has A Big Pile Of Cash For Acquisitions |
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About the organization Yahoo!: Type: Business Sub-Types: Website, Search Engine, Online News, Webmail |
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Notable Organizations: Yahoo!, Techcrunch |
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Yahoo just released its mixed Q2 earnings, and a few sentences may have given the answer everyone was waiting for — yes, Yahoo still has plenty of cash to pursue more acquisitions. Evidence of this lies in the company’s share buyback program. “During the second quarter of 2013 Yahoo repurchased 25 million shares for $653 million,” one can read in the release. Those are… |
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