Sallie Mae Ups Buyback By $400M
SLM Corp. (NYSE:SLM), commonly known as Sallie Mae, remains committed to boost investors’ wealth. Yesterday, the company announced the authorization of $400 million for share buyback activities revealed in January. This is in addition to the $500 million which was authorized at that time. The buyback program has no expiration date. Sallie Mae has already [...]
SLM Corp. (NYSE:SLM), commonly known as Sallie Mae, remains committed to boost investors’ wealth. Yesterday, the company announced the authorization of $400 million for share buyback activities revealed in January. This is in addition to the $500 million which was authorized at that time.
The buyback program has no expiration date. Sallie Mae has already bought back 16.7 million shares of common stock for $268 million during the first quarter of 2012.
Besides announcing the additional … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards