HP: to buy back another 4 billion dollars of shares
(CercleFinance.com) - HP Inc.
has said that its board has authorized the repurchase of an additional 4 billion dollars of its common stock.
In a statement, the company that makes PCs and printers said it intends to use the buybacks to offset the dilution created by shares issued under employee stock plans.
As of 30 April, HP had approximately 1.2 billion dollars of repurchase authorizations remaining under its share repurchase program.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
has said that its board has authorized the repurchase of an additional 4 billion dollars of its common stock.
In a statement, the company that makes PCs and printers said it intends to use the buybacks to offset the dilution created by shares issued under employee stock plans.
As of 30 April, HP had approximately 1.2 billion dollars of repurchase authorizations remaining under its share repurchase program.
Copyright (c) 2018 CercleFinance.com. All rights reserved.