Description: International Business Machines Corp. rose to the highest level since it went public in 1915 as investors show support for Chief Executive Officer Sam Palmisano’s strategy of remaking the 99-year-old company.
Source:Â Bloomberg.com
Date: 10/07/2010
Link: http://www.bloomberg.com/news/2010-10-07/ibm-rises-to-highest-closing-price-since-computer-company-s-1915-offering.html
Â
Questions for discussion:
- Summarize the strategies used by Sam Palmisano to boost IBM share value.
- Do you believe there are other actions that should or could be taken?
- How significant was the buy-back to the share price movement?
- How much of the share value improvement was due to financial management decisions?
Leave a Reply