Tag: Altaba

Altaba sells major stake in Yahoo Japan
Global Tech

Altaba sells major stake in Yahoo Japan

Former Yahoo Inc., said it has sold 613,888,888 shares of Yahoo Japan Corporation common stock that it currently holds to SoftBank Corp. for JPY 360 (approximately US$ 3.26) per share in cash. The price is the closing price of Yahoo Japan common stock as quoted on the Tokyo Stock Exchange […]

Altaba buys back its shares at USD53.20
Tech

Altaba buys back its shares at USD53.20

Altaba, formerly known as Yahoo Inc., has announced the result of its share buyback programme of USD3 billion. The share buyback was done via a “Dutch auction” self-tender offer to purchase up to $3.0 billion of shares of its common stock, which expired at 11:59 p.m., New York City time, […]

Altaba announces result of its USD3 billion share buyback
Global

Altaba announces result of its USD3 billion share buyback

Altaba¬†has¬†announced the preliminary results of its modified “Dutch auction” self-tender offer to purchase up to USD3.0 billion of shares of its common stock. Based on the preliminary count by Computershare Trust Company, N.A., the depositary for the tender offer, a total of 64,578,083 shares of the Company’s common stock were […]