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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (5046)1/20/2003 11:34:44 AM
From: Pink Minion  Read Replies (1) | Respond to of 25522
 
>> During the first nine months of 2002, the company repurchased 124.7 million shares of common stock under the company's authorized repurchase program at a cost of $3.0 billion

So they basically stole shareholder's money and gave it to insiders. biz.yahoo.com
Such a deal.

Nov 2000
sec.gov

6.7-7 Billion shares $49B Billion equity

Nov 2002
sec.gov

6.6-6.7 Billion shares $43 Billion equity

Gee, where did all those profits go?


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