Posted Oct. 30, 2013 at 6:30 a.m.

Premium Lock IBM gives stock a boost with new $15B buyback plan

Published: 2013-10-30 06:30:52
Updated: 2013-10-30 06:30:52

IBM IBM

Chief Executive Officer Ginni Rometty is rewarding shareholders who held on as the stock fell 7.4 percent this year through yesterday, compared with the 24 percent gain in the Standard & Poor's 500 Index. With sales dropping, the company is counting on the buyback to help reach its goal of $20 in adjusted earnings a share by 2015, up from $15.25 last year....

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