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Akamai Technologies, Inc. Message Board

vnwkmar2003 1 post  |  Last Activity: Feb 12, 2016 9:48 AM Member since: Mar 12, 2003
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    $1B buyback - with what $?

    by diversify99 Feb 10, 2016 12:01 PM
    vnwkmar2003 vnwkmar2003 Feb 12, 2016 9:48 AM Flag

    AKAM will buy back with free cash flow which they have been doing for last few years. This is to offset stock option compensation plus now to make use of low stock price. They have 1.5b cash and cash equivalent ( of this 600m is the secondary offering they raied ). Still leaves them with good cash flow. They are not taking loan for buyback.

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