Published March 26, 2015 5:26pm EDT | Updated May 21, 2015 1:24pm EDT

Yahoo Board OKs $2 Billion In Additional Share Buybacks

Yahoo Inc. got approval from its board to buy back an addition $2 billion in company shares, according to a Securities and Exchange Commission filing late Thursday. The new plan expires March 31, 2018. Yahoo said it still has authorization for $726 million in share repurchases left under a previous plan. Yahoo shares rose 1.2% to $45 on moderate volume.