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Ford to Buy Back $1.8 Billion in Stock
Ford Motor Co. plans to spend about $1.8 billion to repurchase as many as 116 million of its common shares during the remainder of 2014.
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Ford Motor Co. plans to spend about $1.8 billion to repurchase as many as 116 million of its common shares during the remainder of 2014.
The buyback will help offset dilution resulting from stock grants to senior executives and shares that the company may issue to holders of convertible debt.