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Slideshow Stock Buybacks

By The Online Investor Staff, updated Sun., Mar. 1, 11:38 AM

Slide #2. Qihoo 360 Technology Co. Ltd.

Company: Qihoo 360 Technology Co. Ltd. (NYSE:QIHU)
$Amount Authorized: $200,000,000
Buyback Details: Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE: QIHU), a leading Internet company in China, today announces that it has completed the US$200 million share repurchase program. The Company has bought back approximately 3.4 million of its American Depositary Shares with an average cost of $58.98 in open market. The repurchase was announced by the Company on October 1, 2014 once authorized by its Board of Directors.

Qihoo 360 Technology is primarily involved in the operations of internet services and sales of third party anti-virus software in the People's Republic of China. Co.'s core Internet and mobile security products include: 360 Safe Guard and 360 Anti-virus; and 360 Mobile Safe. On top of Co.'s core layer of Internet and mobile security product offerings, Co. has further developed various platform products to meet a full spectrum security related needs of Internet users and create trusted access points to Internet activities. Co.'s platform products include: 360 Safe Browser; 360 Personal Start-up Page; 360 Search; and 360 Mobile Assistant.
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Company Name:  Qihoo 360 Technology Co, Ltd.
Website:  www.360.cn
Sector:  Application Software
Number of ETFs Holding QIHU:  11
Total Market Value Held by ETFs:  $24.21M
 

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March 1, 2015    11:38 AM Eastern
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Strong Buy (3.56 out of 4)
74th percentile
(ranked higher than approx. 74% of all stocks covered)
Based on Zacks ABR data;
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