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Oracle will repurchase $10 billion common stocks: Fiscal result of 2012 Q 4 announced

Oracle has just announced their fiscal 2012 Q 4 results and it’s ¬†looking positive. 2012 fourth quarter has produced record results for Oracle. The highlights are:

-New software license sales of $4 billion.

-Total software revenue $8 billion.

-Ttotal revenue of $11 billion and EPS of 82 %.

Oracle result must have surprised many and Oracle also made an announcement

“The Board of Directors also declared a quarterly cash dividend of $0.06 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 13, 2012, with a payment date of August 3, 2012.

Oracle also announced that its Board of Directors authorized the repurchase of up to an additional $10.0 billion of common stock under its existing share repurchase program in future quarters.”

You can read complete Oracle Quarter 4 Result here.

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