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RIM To Buy Back 1.2b Of Its Own Stock

Posted on Nov 6, 09 03:46 AM PDT

RIM To Buy Back 1.2b Of Its Own Stock

RIM's stock hasn't been in top form lately, and now RIM has announced that it will be buying back a bunch of its own stock, to the figure of $1.2 billion. This share repurchase program will kick off on November 9th 2009, and will stay in place for up to 12 months, until the purchases are completed, or the program is terminated by RIM. Are you looking to sell some stock?

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