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IBM Board Declares Stock Buyback


Armonk, NY - 24 Feb 2004: The IBM board of directors today authorized up to $4 billion in additional funds for use in its repurchase program.

IBM said it will repurchase shares on the open market or in private transactions from time to time, depending on market conditions.

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Contact(s) information

Ed Barbini
IBM
914-499-6565
barbini@us.ibm.com

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