Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (23627)	2/15/2005 6:49:52 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

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. >>> biz.yahoo.com I've noted this pattern for many tech companies. The actual number of shares went down by 16 million, so in fact $17 million was used to compensate for stock options. Where do you see th actual number of shares going down by 16 million? 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. APPLIED MATERIALS, INC. CONSOLIDATED CONDENSED BALANCE SHEETS ---------------------------------------------------------------------- October 31, January 30, (In thousands) 2004 2005 ---------------------------------------------------------------------- ASSETS ...... Stockholders' equity: Common stock 16,803 16,678 Let's see there were 16,803,000 shares The company purchased 17,000,000 shares The company ended up with 16,678,000 shares The company granted the entire number of shares they had and then some in stock options??? Am I doing this correct? Mish