Bloomberg News

VeriSign Almost Doubles Buyback Program to $1 Billion

December 06, 2012

VeriSign Inc., the main manager of the Internet-address database, expanded its stock buyback program by as much as $458.8 million, allowing for a total of $1 billion to be repurchased.

The company had $541.2 million of common stock available for repurchase under a 2010 buyback program, Reston, Virginia- based Verisign said today in a regulatory filing.

To contact the reporter on this story: Lisa Rapaport in New York at

To contact the editor responsible for this story: Tom Giles at

The Good Business Issue
blog comments powered by Disqus