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 : Applied Materials No-Politics Thread (AMAT)
AMAT 259.38+0.1%12:11 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Pink Minion who wrote (5061)1/20/2003 12:58:23 PM
From: BWAC  Read Replies (1) of 25522
 
Certainly some of it went to employee and management options. That would be a safe assumption without even looking at the Sec links.

Of course if you looked, you might find that Fully Diluted shares were 6.87 Billion on Sept 2001 and had been reduced to 6.71 on Sept 2002. A REDUCTION of 160 Million shares. Hmmmm? So the share buyback could have resulted in some of that reduction and expired options might have made up the rest? Since only 127 Million shares were repurchased. I guess we could dig deeper and fix the exact nature. But suffice to say that Fully Diluted shares outstanding were reduced through the buyback in some form. Correct?????

If you'd rather just use Shares Outstanding instead of Fully Diluted SO, then it would still be a reduction from 6.71 to 6.64 or 70 Million shares reduction. About 60% of the buyback amount reduced shares. I guess a safe estimate is that the other 40% went to options.

So is the glass all empty or half full?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext