Linux Today: Linux News On Internet Time.

More on LinuxToday

Computerworld Australia: Red Hat Defends Support While Buying Back Stock

Oct 30, 2006, 14:30 (0 Talkback[s])
(Other stories by Robert Mullins)

WEBINAR: On-demand Event

Replace Oracle with the NoSQL Engagement Database: Why and how leading companies are making the switch REGISTER >

"The board of Linux distributor Red Hat has decided to buy back some of the company's stock to shore up its share price in the wake of a competitive blow from Oracle.

"Red Hat will buy back, over time, US$250 million in shares and will buy back US$75 million of debt, the company said Friday..."

Complete Story

Related Stories: