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Yahoo Increases Share Buyback Plan To $5B, Planning $1B Debt Offering

By TechTaffy Desk

Yahoo

Yahoo has increased its share buyback authorization by $5 billion. The company also proposes to offer $1 billion of its convertible senior notes due 2018 in a private placement, using the proceeds for stock buybacks, and possible acquisitions, among other things.

[Image courtesy: Yahoo]

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