Inspire Trust Co. N.A. increased its stake in International Business Machines Corporation (IBM) by 27.8% in the third quarter, acquiring an additional 5,000 shares to hold a total of 23,000 shares valued at $6.49 million. IBM’s recent financial performance exceeded expectations, with an EPS of $4.52 against an expected $4.33 and revenue of $19.69 billion, marking a 12.2% year-over-year increase. The company also declared a quarterly dividend of $1.68 per share, payable on March 10th.
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Inspire Trust Co. N.A. Purchases 5,000 Shares of International Business Machines Corporation $IBM
Inspire Trust Co. N.A. increased its stake in International Business Machines Corporation (IBM) by 27.8% in the third quarter, acquiring an additional 5,000 shares to hold a total of 23,000 shares valued at $6.49 million. IBM’s recent financial performance exceeded expectations, with an EPS of $4.52 against an expected $4.33 and revenue of $19.69 billion, marking a 12.2% year-over-year increase. The company also declared a quarterly dividend of $1.68 per share, payable on March 10th.