GameStop Reports Revenue Increase, Announces $2 Billion Share Buyback
GameStop reported a 14% rise in quarterly revenue and announced a $2 billion share buyback program, following a period of fluctuating stock performance.
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GameStop wants to buy back $2 billion of its own stock after an eBay-fueled selloff
The videogame retailer also said that collectibles helped drive a 14% sales gain in the first quarter.
By Bill Peters
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