share repurchase

Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.

When IBM raised its buyback authorization by $10 billion on Oct. 26, it was the 259th company to announce repurchase plans in October alone. Citi Investment Research says a long-term trend of rising buybacks has only just begun.

Research In Motion has agreed to purchase for cancellation 1,530,000 of its outstanding common shares for an aggregate purchase price of approximately $79.8 million, or about $52.16 per share.

Yahoo's board gave the go-ahead for massive stock repurchases over the next three years. It's yet another attempt by CEO Carol Bartz to appease investors and get the stock, which has largely remained stagnant in the low- to mid-teens, going again.

Wal-Mart (WMT) has decided what to do with billions of the dollars that it has earned as its sales and profits have defied the economic downturn. The world's largest retailer will buy back as much as $15 billion of its stock. Wal-Mart made the announcement at its annual meeting. Its board will use...