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Starwood adds $1 billion to buy stock

November
8

Starwood Hotels & Resorts Worldwide of White Plains said that its board of directors has authorized the repurchase of an additional $1 billion worth of stock. In the first nine months of the year, Starwood bought back 19.2 million shares at a cost of $1.22 billion.

This entry was posted on Thursday, November 8th, 2007 at 7:16 pm by Julie Moran Alterio. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Corporate doings, Raising cash

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One Response to “Starwood adds $1 billion to buy stock”

  1. Swistak

    This might finally stop the dramatic collaps of their share price

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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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