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flag EBay reported Q4 profit.

flag EBay reported a strong holiday quarter with Q4 profit at $1.07 a share on sales of $2.56 billion. flag The company added $2 billion to its existing stock buyback program, increasing total repurchase authorization to $3.4 billion. flag EBay's stock surged 5.5% in extended trading due to the results and stout guidance, which includes a hiked dividend and a $2 billion stock repurchase program.

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