Microsoft To Buy Back $40bn of Its Shares

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!."

Comments

Strategy

[Sinbios]

1) Devalue your stock with pointless bidding war with Yahoo!
2) Buy your own undervalued stock
3) ???^H^H^H^H^H^H
4) Profit!

Re:$40,000,000,000

[irae]

You forgot "???" !!!