GameSTop Oks $500M in buyback

GameSTop Oks $500M in buyback
Dallas Business Journal ^ | 9.16.2010 | staff

Posted on 09/17/2010 6:10:36 AM PDT by q_an_a

Video game retailer GameStop said Wednesday it will enhance shareholder value by launching a new buy-back initiative and authorizing $500 million in new repurchase funds.

Read more: GameStop OKs $500M in buyback funds - Dallas Business Journal

(Excerpt) Read more at dallas.bizjournals.com ...

TOPICS: Business/Economy; News/Current Events
KEYWORDS: gamestop; stockbuyback

When a "little" retailer with a billion in sales can buy back 500 million in stock instead of opening stores or adding employees - they get that saving is better than spending. When do we see the same thing in GOVERNMENT

1 posted on 09/17/2010 6:10:40 AM PDT by q_an_a

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To: q_an_a

Unfortunately, the game industry is trying to shoot them in the head with direct game downloads that have no resale.

2 posted on 09/17/2010 6:53:06 AM PDT by dangerdoc

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