25 0

- Share to facebook - Share to linkedin. The Hewlett Packard (HP) logo is displayed in front of the office complex on October 04, 2019 in ... [+] Palo Alto, California. Photo by Justin Sullivan/Getty Images. Topline : HP announced Monday it will expand its share buyback program and return billions to shareholders in an attempt woo them and prevent Xerox from completing a successful hostile takeover of the company. - HP plans to return at least $16 billion to shareholders—half its current market capitalization—over the next three years, $15 billion of which will come from the company buying back its own shares. - The company said it will repurchase $8 billion in shares in the 12 months after HP’s annual shareholder meeting this year. Full story

25 February