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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Chuzzlewit who wrote (52162)7/18/1998 4:20:00 PM
From: broken_cookie  Read Replies (1) of 176387
 
Chuz,

I have heard all the theories about buybacks and shareholder value as well. If the choice is between paying dividends or retiring shares, shareholders that take profits as long term gains avoid some income tax when the money is spent to diminish the outstanding shares.

The key is: Are the shares retired? Because if they are not, little has been done to enhance value. If they are used to augment employee salaries, then the money spent should be counted as operating expense.

Perhaps someone on the thread could comment as to what per cent of the shares purchased are retired.

TIA
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