Wednesday
May
06
2015
12:37 pm
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 
Acacia Research starts $70M stock buyback
November 16, 2013, 05:00 AM The Associated Press

NEWPORT BEACH — Acacia Research said Friday it will buy back up to $70 million in stock over the next six months.

Acacia Research Corp. shares have lost half their value since April 18, when the company reported its first-quarter results. The stock reached a three-year low of $14.08 on Wednesday.

The company buys and licenses patents, and it had 49.9 million shares on the market as of Nov. 4.

Acacia Research shares climbed 78 cents, or 5.4 percent, to $15.17 in morning trading.

 

 

Tags: research, acacia, shares,


Other stories from today:

 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
Are you prepared for a big earthquake?

Yes, all the way
Mostly
I have earthquake insurance
Not at all
Thinking about it

 

 
 
 
 
 
 
 
Four Afghan men sentenced to death over horrifying mob killing
KABUL, Afghanistan — Four Afghan men were sentenced Wednesday to death by hanging over the filmed ..
SpaceX capsule soars with dummy in 1st test of crew escape
CAPE CANAVERAL, Fla. — SpaceX chalked up another big test flight Wednesday, firing a capsule into ..
More >>  
 
 
  
 
  
 
©2015 San Mateo Daily Journal
Menlo Park news