Akamai to buy back shares
In the wake of last week’s terrorist attacks, Akamai Technologies plans to purchase up to $20 million of its common stock during the next six months.
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The company will use the shares for general corporate purposes, including employee stock-option or share-purchase plans. At the beginning of trading today, Akamai had about 115 million shares outstanding.
--Toby Weber, staff writer
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© 2012 Penton Media Inc.
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