Facebook sets $6 BILLION buyback program
Fri Nov 18, 2016 | 4:33pm EST
Facebook sets $6 billion buyback program, accounting chief to leave
The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France on June 23, 2016. REUTERS/Eric Gaillard/File Photo
Social media giant Facebook Inc (FB.O) said on Friday it would buy back up to $6 billion of its Class A shares, beginning in the first quarter of 2017.
The company also said Chief Accounting Officer Jas Athwal had resigned, according to a regulatory filing. (bit.ly/2fcxJoA) (bit.ly/2fE2wvw
(Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj Kalluvila)
http://www.reuters.com/article/us-fa...KBN13D2MZ?il=0
