Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Intimate Brands (IBI) -- Ignore unavailable to you. Want to Upgrade?

To: Axxel who wrote (76)	1/19/1999 8:41:00 AM
From: Scott Kleinhans	Read Replies (2) \| Respond to of 126

IBI authorized stock buy back!!! biz.yahoo.com Tuesday January 19, 8:05 am Eastern Time Company Press Release SOURCE: Intimate Brands, Inc. Intimate Brands Announces Stock Repurchase Program COLUMBUS, Ohio, Jan. 19 /PRNewswire/ -- Intimate Brands, Inc. (NYSE: IBI - news) announced today that its Board of Directors has authorized the purchase of up to $500 million of the Company's common stock, through open market purchases or in private transactions, subject to market conditions. The purchases would be made on a proportionate basis from both the Company's public shareholders and The Limited, Inc. (NYSE: LTD - news). The Limited owns approximately 85 percent of Intimate Brands' 248 million shares outstanding.