Reported on "The Street" today:
This is a snipit of the full article... But the Buyback of stock has not be discussed here at least... It is an attempt to bolster the stocks price which has sagged a bit... Although the shares have been up since Roy started working with Disney Management again... I guess they see it as good sign, eh?Disney Heads Toward Buyback
By Sandy Brown
TheStreet.com Staff Reporter
7/12/2005 11:48 AM EDT
Next up on incoming Disney (DIS:NYSE) CEO Bob Iger's hit list: selling radio assets, brokering a new deal with Pixar (PIXR:Nasdaq) and buying back shares.
Sources say the Burbank, Calif., company is ready to announce plans to buy back a chunk of its shares, though specifics on the timing and volume of any buyback remain unclear.