Fri, Oct 31, 2014, 2:22 AM EDT - U.S. Markets open in 7 hrs 8 mins

Recent

% | $
Quotes you view appear here for quick access.

Akamai Technologies, Inc. Message Board

  • gennie135 gennie135 Feb 11, 2013 10:18 AM Flag

    AKAM company buys back $150million of stock

    From....the Conference call..........During the quarter, we spent $30 million on share repurchases, buying back about 800,000 shares at an average price of $37.50. For the full year, we spent $141 million, buying back over 4 million shares at an average price of $32.50. We are also pleased to announce that our board has authorized an extension of our share repurchase program, authorizing an additional $150 million over the next 12 months, effective February 1. As with our existing program, we intend to fund it out of our cash generation, with a primary goal to offset dilution from ongoing equity grants.......

    Sentiment: Strong Buy

 
AKAM
59.83+3.62(+6.44%)Oct 30 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.