Updated Oct. 31, 2012 at 6:56 a.m.

Premium Lock IBM bumps stock repurchase plan 75% to $11.7B

Published: 2012-10-30 12:59:00
Updated: 2012-10-31 06:56:18

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Big Blue blog: IBM plans to increase its share repurchasing and also will pay an 85-cent per share cash dividend in December. IBM is using record income this year from the company's shift to more profitable software and services to reward shareholders whose stock has been outpaced by the broader market....

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