RIM Does Buyback; Repurchases 2 Million Shares



Research In Motion today announced the completion of 2 million shares or about 0.36% of its common shares. The purchase largely completes the $1.2 billion buyback RIM announced in November 2009, along with a previous purchase of 3.9 million shares.

RIM said in 2009 it plans on buying up to 21 million shares or 3.6% of their common shares.

[via Reuters]

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