GE's $50 billion buyback plan tied for biggest ever

April 10, 2015 1:34 PM

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GE's $50 billion buyback plan tied for biggest ever

General Electric’s plans to buyback up to $50 billion of its own stock ties Apple’s buyback announcement two years ago for the biggest share repurchase ever.

Indeed, the GE buyback announcement made public today was not only big news but a historically significant event, according to data from Ned Davis Research.

Also read: Vedanta to invest 200 bln rupees over 3 yrs to expand aluminium capacity

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