IBM may buy back additional $5B in stock




Technology Top Stories from Associated Press (AP) show

Summary: ARMONK, N.Y. (AP) , IBM says its board had added $5 billion to its stock buyback program, bringing the total buyback authorization to $11.7 billion. The computer and consulting company last added to it buyback program in April, in the amount of $7 billion. IBM Corp. said Tuesday that it expects to add more funding to the buyback program next April.