Barnes and Noble to Buy Back $50M in Stocks - GalleyCat

Panzer made a quick trip over to the GalleyCAT site. Digging around in the post pile there, our big bad kitty boy found some information about Barnes and Noble.

According to a post by Dianna Dilworth, Barnes and Noble will buy back $50M worth of their common stock. Barnes and Noble has a lot going on right now. Last week they announced their new Samsung Galaxy Tab E Nook was available. Before that they did the spinoff of their college bookstore arm and they recently declared a dividend on their common stock shares.

Fewer mice ... each more valuable?

Panzer says, " Mom says when a company does a buyback, it means there are fewer shares available for sale, so each share is worth more and the company is worth more. Makes no sense to me. Less is more?"

Note: This is a short post, so a small cup of tea should suffice while you read it.

To read the post, tootle over to Barnes and Noble

Barnes and Noble Introduces New Samsung Galaxy Tab E Nook - Business Wire

Panzer was out in the Catosphere today when he heard cheering and clapping off in the distance. Following the noise, he found the source at the Business Wire site. There our busy kitty discovered Barnes and Noble has some news for Nook users.

According to the Business Wire post, Barnes and Noble and Samsung Electronic America introduced the Samsung Galaxy Tab E Nook. The new Nook tablet has a 9.6 inch screen. The larger screen is a sales point for customers who take advantage of Barnes and Nobles over 4 million ebooks for reading and movies and TV shows for entertainment.

Always read the fine print.

Current Nook (and Kindle) owners are being offered a trade in option when they buy the new Nook. There are several restrictions on the trade in offer. For example, it only applies to certain Nook (and Kindle) models and it only applies to in-store purchases.

Panzer says, "Always make sure you check all the rules and regulations before you buy anything."

Note: This is a very l-o-n-g post. Bring two thermoses of tea and a muffin.

To read the post, tootle over to Barnes and Noble