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EBay to buy back billions in stock

Providing a modest boost to its depressed shares, eBay Inc. reported second-quarter results on Wednesday in line with analyst expectations, and it disclosed plans to buy back up to $2 billion in stock in what would be the first share repurchase in the Internet giant's history.

Posted by AndyK on July 24, 2006 12:48 PM | Permalink | Forums

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