Buyback Info found on Yahoo Site
The company has already purchased 3 million shares as part of their stock repurchase plan. I guess they like the price at these levels.
From 10K:
At May 28, 1998, the aggregate market value of Registrant's voting stock held by nonaffiliates was $1,292,084,000. For the purposes of the preceding sentence only, "affiliates" is deemed to consist of executive officers and directors. At May 28, there were 86,499,328 shares of the Registrant's $0.01 par value Common Stock outstanding. (This number does not include the
2,955,500 shares which were repurchased by the Company between April 29, 1998 and May 28, 1998).
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