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Yahoo! Inc. Message Board

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  • dr.gloom@rocketmail.com dr.gloom Nov 19, 2012 8:33 PM Flag

    what analyst downgrades now after the co announces 3 billion buy back...ridiculous

    The buyback was announced in May and it is $5 billion. A $3 billion buyback was last announced in June 2010.
    Buybacks do not add value to a company. And Yahoo has traded into the $18s in 2008, 2009, 2010, 2011 and now in 2012. This is nothing new or surprising.

 
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