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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (16512)	2/27/2003 11:38:41 AM
From: 249443	of 78673

LTD's Earnings: thestreet.com Whitney mentioned the extensive stock buyback -- so the below excerpt caught my attention. I don't follow the firm closely enough (or retailers in general!) to know why the float had increased to the degree that it did -- until reading about recent corporate events. "...But its per-share earnings declined because of a roughly 100 million-share increase in its average float, while same-store sales were flat. The increase reflects the repurchase of the previously spun off Intimate Brands..."

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