AOL shareholders are well on their way to collecting that $1.1 billion the company promised them.
AOL announced today that it has entered into a Stock Repurchase Agreement with Barclays Bank that will see the company buy back $600 million worth of shares. According to AOL, it will receive shares through the rest of the year, including 4 million that it'll get from Barclays by the end of the month.
According to AOL, Barclays will buy up its shares on the open market with the proceeds provided in the agreement.
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The share repurchase agreement is part of ... [Read more]
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