IBM has announced an aggressive stock buyback plan and recently added $10 billion to the effort. The company also plans to reserve more funds for stock repurchase activity in April. Currently, IBM is trading around $140 per share which is near all-time highs.
To read a related Wall Street Journal article, please click here:
http://online.wsj.com/article/SB10001424052702303341904575576184055012558.html
Jim Sutliff