Old 06-24-2008, 11:10 AM Offline   #1 (permalink)



 
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Default Kodak to buy back $1 billion in shares (AP)

AP - Eastman Kodak Co. said Tuesday it is buying back up to $1 billion, or about a quarter, of its outstanding stock, by tapping a $581 million tax refund and a cash surplus the picture-taking pioneer has amassed since selling its health-imaging business early last year.

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