Analysts said Sanofi could buy back its L'Oreal shares with cheap debt to boost earnings.
share buyback
Breaking News
General Growth Properties spent USD 567 million to repurchase shares, mostly from Pershing Square Capital Management.
Walt Disney Co. announced its plans to buy back around USD6 billion to USD8 million stock starting 2014.
Illinois Tools Works Inc. looked into buying back USD6 billion shares after investor Ralph Whitworth placed the company under pressure to increase its profit.
Activision Blizzard Inc's CEO Bobby Kotick said that the video game publisher would conduct "business as usual."
Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.
Carl Icahn promised Dell shareholders to buyback US$16 billion of its stock if they will join his campaign against privatization of the computer maker.
On Monday, Elan shareholders approved a share buyback and put itself up for sale on Friday.
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