Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Tuesday, July 24, 2007

Expedia Reduces Size of Stock Buyback

Expedia scaled back its stock repurchase plan, from 116.7 million shares (more than one-third of the outstanding shares) to 25 million shares, citing the cost of borrowing.  WSJ, Expedia Is Knocked for a Loop; NYTimes, Expedia Reduces Its Buyback Plan

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