SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Oracle Corporation (ORCL)
ORCL 220.61+0.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hueyone who wrote (17770)1/7/2003 9:29:45 PM
From: brushwud  Read Replies (1) of 19079
 
Perhaps share repurchases reduces both cash and paid in capital by a like amount?---in which case the underlying premise of my post would be unchanged.

I inferred that share repos reduced both cash and retained earnings. Otherwise, how do you account for the fact that ORCL made money in the past six months, but retained earnings decreased?

I regard the share repurchases by companies with big stock option programs as all part of the scheme to keep real employee expense off the income statements.

Yes, I know this point of view. But issuing options and repurchasing shares seem like two independent business decisions, although they can be related. Personally, I see stock repurchase as a form of liquidation, rather than as an anti-dilutive, bullish, event. If tax law is changed, companies can pay cash dividends instead, which would benefit all shareholders more equally and consistently. Because the actual price paid for repurchased shares does matter.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News