Ivy Lessner
Intuit also announced a new stock repurchase program for up to $800 million over the next three years. Intuit used all remaining funds in its last $500 million repurchase program, authorized in May 2006.
The computer problem that shut out tax filers in mid-April "was a database problem in our electronic filing system, not in our application," Bennett said. Shares of Intuit were recently up $2.69, or 9.7%, to $30.41.
RSS
