IBM, International Business Machines The IBM board of directors has authorized 5 billion in additional funds for use in the companys stock repurchase program. IBM said it will repurchase shares on the open market or in private transactions from time to time, depending on market conditions. With this new authorization, IBM will have approximately 11.7 billion for its stock repurchase program. IBM expects to request additional share repurchase authorization at the April 2013 board meeting. IBM provides information technology (IT) products and services worldwide. More about IBM at www.ibm.com Read Full Disclaimer at http://pennyomega.com/disclaimer
