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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: patron_anejo_por_favor who wrote (197954)10/16/2002 4:39:54 PM
From: Roads End  Read Replies (3) of 436258
 
IBM spent approximately $600 million on share repurchases in the third quarter. The average number of basic common shares outstanding in the quarter was 1.69 billion compared with 1.73 billion shares in the same period of 2001. There were 1.69 billion basic common shares outstanding at September 30, 2002.

investor.ibm.com

LOL, all those shares had to have been purchased at prices higher than where it closed today.

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