Slashdot Mirror

← Back to Stories (view on slashdot.org)

Microsoft To Buy Back $40bn of Its Shares

Posted by CmdrTaco on from the that's-a-lotta-shares dept.

phantomflanflinger writes "As you may have heard already, Microsoft have announced their intentions to buy back $40 billion in stock from their investors, in the biggest single buy-back plan in business history. The announcement has given Microsoft shares a small gain but they still stand significantly below their level in January — before Microsoft's unsolicited bid for Yahoo!. The announcement of the plan has also created new speculation about a now-or-never deal with Yahoo!."

6 of 345 comments (clear)

  1. A better plan by dingbatdr · · Score: 5, Funny

    I think Microsoft should buy up all the mortgage-backed securities it can get its hands on.

    That way I won't be forced to buy them (with my taxes).

    --
    The truth is an offense, but not a sin.------R. N. Marley
  2. Re:Why do companies do this? by Anonymous Coward · · Score: 5, Funny

    Could you rephrase that in a car analogy?

  3. A very clear message to Yahoo by RealGrouchy · · Score: 5, Funny

    This sends a very clear message to Yahoo: Let us buy you, or we will buy ourselves instead!

    - RG>

    --
    Hey pal, this isn't a pleasantforest, so don't waste my time with pleasantries!
  4. Re:Why do companies do this? by city · · Score: 5, Funny

    I agree, except that you don't destroy the cars, you just take them out of the market place and keep them in your Treasury. The Treasury cars can then be scrapped for parts and given out to employees as an Employee Scrap Parts Options Program.

    --
    I am a v1ral sig. Plse c0py me and h3lp me spread. Thank y0u?
  5. Re:BUY BUY BUY! by mrchaotica · · Score: 5, Funny

    FreeBSD, NetBSD, OpenBSD and DragonBSD

    It's funny how you couldn't just say "BSD" because then you'd be including Mac OS X too.

    --

    "[Regarding the 'cloud,'] ownership was what made America different than Russia." -- Woz

  6. Re:$40,000,000,000 by Tubal-Cain · · Score: 5, Funny

    Please do not tell moderators what to do.

    Mod parent up!