What is your view of the announced $3B stock repurchase program by Yahoo prior to the merger? Does it make sense? Add value or not? Explain your reasoning.
Read the document then discuss the following questions: 1. From the perspective of a stockholder in Yahoo, what is your view of the $3B share repurchase announcement? Is this an effective use of capital? Recall that stock buybacks are done based on various approaches/motivations. Which buyback approach was being used by Yahoo in your opinion? […]