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The company is mounting a big stock buyback, having repurchased 18% of outstanding common shares since 2000.
The current Board and management of AOL have a track record of actively returning capital to stockholders, with the Company having repurchased more than 12% of its shares outstanding since August 11 , 2011
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The company has repurchased 7.8 million shares since last December.
Since 1996, the company has repurchased $9 billion of stock.
Wal-Mart has repurchased $300 million of stock under the first plan, leaving $2.7 billion available for repurchases.
It could have repurchased shares, or it could have bought options to sell stocks.
The company, based in Miami, said it had repurchased about 32.9 million shares since January 1998.
So far in January, it has repurchased an additional 1.2 million shares for $101 million.
Since 1997, Columbia/HCA has repurchased about $3 billion of its common stock.
Sotheby's, the auction house, said Monday it had repurchased its Upper East Side headquarters for $370 million.
So far, Papa John's has repurchased 8.3 million shares, at a cost of $202.5 million.
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CEO of Professional Science Editing for Scientists @ prosciediting.com