Random Feed wrote an interesting post today on
Here’s a quick excerpt
Activision Blizzard has completed its tender offer to purchase up to 146.5 million of its own shares at $27.50 per share. The offer expired at market close on August 13. The company ended up buying back 85,916 shares with cash on hand, bringing the total cost of the buyback to around $2.3 million. Activision Blizzard stock rose 3 percent at market close on Tuesday to $35.18 (£18.84) following the announcement. read more
Read the rest of this great post here
Tags: 5 Million, Activision, Blizzard, Cash On Hand, Excerpt, Random, Rose, Shares, Stock Buyback, Tender Offer
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