Empresas y finanzas

IBM Board Approves Regular Quarterly Cash Dividend



    The IBM (NYSE:IBM) board of directors today declared a regular
    quarterly cash dividend of $.30 per common share, payable December 9,
    2006 to stockholders of record November 10, 2006.

    With the payment of the December 9 dividend, IBM will have paid
    364 consecutive quarterly dividends, starting in 1916.

    The board also authorized $4 billion in additional funds for use
    in its stock repurchase program. This amount is in addition to
    approximately $2.4 billion for stock repurchase remaining from a prior
    authorization. With this new approval, IBM now has approximately $6.4
    billion for its stock repurchase program. IBM said it will repurchase
    shares on the open market or in private transactions from time to
    time, depending on market conditions.