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DewDiligence

10/30/12 10:13 PM

#5996 RE: DewDiligence #5876

IBM increases buyback authorization by $5B to total of $11.7B:

http://finance.yahoo.com/news/ibm-board-approves-quarterly-cash-145500029.html

All told, IBM buys back more stock than any company, with the possible exception of XOM. That’s one reason the IBM’s EPS has increased year after year after year.