IBM Has Spent $3.6 Billion on Buy Backs This Year. Should Investors Be Happy?
Some investors don't like the notion of companies buying back their own stock, regardless of the circumstances, whereas others love the concept. I've always taken a middle of the road stance on the topic: I think there's a right time, and a wrong time, for businesses with large cash hoards -- like IBM (NYSE: IBM) -- to pare down the number of shares outstanding.
For example, initiating a share repurchase program can be an effective way to send investors a signal that even if a company's stock is under pressure in the near term, management has confidence that it will be able to right the ship.
The question now at IBM is: Is the tech giant's use of ready cash for stock repurchases a sound, long-term move or a strategic mistake?
Source: Fool.com
Microsoft Corp. Aktie
Die Microsoft Corp. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Das Kursziel von 426 € für Microsoft Corp. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 377.5 € an.