71.   New England Electric will use some of the proceeds of the sale to pay down debt and buy back stock, Chief Executive John Rowe said.

72.   Nevertheless, the promise to buy back stock comes just months after Microsoft halted such purchases, stating that the shares had become too expensive.

73.   Now the combined company will have the money to invest in expanding the business and in continuing to buy back stock.

74.   Of course, selling assets and buying back stock may not satisfy enough ITT investors or dissuade Hilton from pursuing its bid, investors said.

75.   Once that goal is met, the company will begin to buy back stock.

76.   Once that goal is met, the company is expected to begin to buy back stock.

77.   One reason is that the company plans to buy back stock once the transaction is completed at the end of the year.

78.   Other banks, of course, cut costs, buy back stock and offer electronic services.

79.   Peco said it intends to buy back stock and retire debt with most of the proceeds.

80.   PHP used the money it had raised to cushion its first year to buy back stock and stabilize the price.