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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: orkrious who wrote (23649)2/16/2005 12:03:14 AM
From: mishedlo  Read Replies (2) of 116555
 
not $17Million 17 million shares!

During the first fiscal quarter of 2005, the company repurchased approximately 17 million shares of common stock at an average price of $17.30 per share for an aggregate purchase price of $300 million.

No see my calc because that is how much they bought back.
Even after the buyback there are 16 million shares less

Mish
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