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From 2000 to 2011, RadioShack spent US$2.6 billion repurchasing its own stock in an attempt to prop up a share price which fell from US$24.33 to US$2.53; the buyback and the stock dividend were suspended in 2012 to conserve cash and reduce debt as the company continued to lose money. [111]
By then computers were 35% of Radio Shack sales; the Model 100 was the world's best-selling notebook computer, while Tandy was the leading Unix vendor by volume, selling almost 40,000 units of the 68000-based, multiuser Tandy Model 16 with Xenix, [17] [23] and began selling all computers using the Tandy brand [24] because, an executive admitted ...
What: Shares of Radio Shack took an afternoon dive. ... Why Radio Shack Stock Was in the Dumps. Jeremy Bowman, The Motley Fool. Updated July 14, 2016 at 9:57 PM.
NEW YORK (AP) -- RadioShack's stock is trading below $1 per share for the first time in its history - and has the investment world wondering if it will eventually be delisted. Shares of RadioShack ...
After initially plunging more than 11% Tuesday morning, shares of RadioShack jumped after the company released its fourth-quarter and full-year 2012 earnings. So why the volatility? At first ...
The Source began as the Canadian branch of Radio Shack (later "RadioShack").The first Radio Shack store in Canada was opened on April 20, 1970, in Rexdale, Ontario.The chain was originally owned by Radio Shack's American parent company Tandy Corporation, but was spun off in June 1986, along with the rest of Tandy's international operations, as InterTAN.
Following the news that 2013 fourth-quarter sales were down by more than 20% from 2012, RadioShack announced that it will close 1,100 stores in the United States. The stock immediately fell by 24%.
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