The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

IBM shares scarcer as buybacks bring count below 1 billion

IBM shares are getting scarcer as the company acquires its outstanding stock, making each share of the company more valuable. The company, led by Chief Executive Officer Ginni Rometty, spent $3.7 billion on buybacks in the three months starting in April.