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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: manalagi who wrote (93442)7/22/2010 11:15:31 AM
From: kech1 Recommendation  Read Replies (1) | Respond to of 196545
 
If the company did the latter, why did not they buy when the stock was in the low 30's?,/i>

They probably did buy in the low 30's but also probably bought some in the high 30's and the average is $36.42.



To: manalagi who wrote (93442)7/22/2010 11:36:06 AM
From: sag  Respond to of 196545
 
The 1.8B buyback was for the June quarter. The stock traded at it's recent low on July 1st. The company stated that an additional 120 million was purchased after the June quarter had ended.