/// Yahoo Returning $3.65 Billion to Shareholders, but in Buybacks or Dividends?

September 18, 2012  |  All Things Digital


Yahoo CEO Marissa Mayer has decided what to do with most of the money it made from the divestiture of its Alibaba stake : Return it to the company’s shareholders. In an announcement issued moments ago detailing the Alibaba agreement, Yahoo said it will return approximately $3.65 billion in after-tax proceeds to shareholders. That’s about 85 percent of what it made on the deal. It will keep the remainder, about $650 million. “This outcome is terrific for Yahoo,” Yahoo CEO Marissa Mayer said in an all-hands memo to employees. “It generates liquidity to create substantial value for our shareholders, while retaining a meaningful amount in the company to invest in our future

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Yahoo Returning $3.65 Billion to Shareholders, but in Buybacks or Dividends?


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