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Technology Stocks : Intel Corporation (INTC)
INTC 41.41+2.2%Dec 5 9:30 AM EST
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To: brushwud who wrote (144136)9/26/2001 1:10:59 AM
From: Tushar Patel  Read Replies (1) of 186894
 
This share buyback is kinda interesting. Intel has been spending a lot of money buying back shares but the total number of shares outstanding has actually been slightly increasing lately.

1991 6525
1992 6697
1993 6688
1994 6608
1995 6568
1996 6568
1997 6512
1998 6630
1999 6668
2000 6712

Is all this money (~4B/year) being spent to repurchase shares that get sold to employees at a discount (and does this include options that get exercised or just shares purchased through employee stock purchase plan)? Or is there something else going on?
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