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Disney Plans To Buy $8 Billion Worth of Stock

Walt Disney (DIS) has a big plan to go through with.  Out of its $8 billion worth in stocks, they are looking to purchase back $6 billion to try and increase investor returns.  In order to go through with the buyback, the will have to borrow some funds.  Not to worry, the company is well known for buying its own stock.  Ever since a year ago, they've spent $3.2 billion to buy its stocks.


By doing so, Disney was able to raise its dividend payment, with the 2012 annual payouts at 75 cents per share.  As of today, the stock price has gone up 2.9 percent, settling at $65.78 per share.