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eBay registers shares

eBay registered with the Securities and Exchange Commission on Thursday to sell up to $1 billion worth of its stock. The so-called shelf registration doesn't specify when or how the San Jose, Calif.-based company would sell the stock, but leaves the door open for the company to use the stock for acquisitions. eBay paid $250,000 to register the stock. In June, eBay registered 10 million shares, worth more than $600 million at the time. Last month, eBay registered 92,900 shares of stock--about $5 million worth--in connection with its acquisition of HomesDirect.com.

eBay registered with the Securities and Exchange Commission on Thursday to sell up to $1 billion worth of its stock. The so-called shelf registration doesn't specify when or how the San Jose, Calif.-based company would sell the stock, but leaves the door open for the company to use the stock for acquisitions. eBay paid $250,000 to register the stock.

In June, eBay registered 10 million shares, worth more than $600 million at the time. Last month, eBay registered 92,900 shares of stock--about $5 million worth--in connection with its acquisition of HomesDirect.com.