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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Sabrejet who wrote (47234)6/11/1998 4:35:00 PM
From: Sr K  Read Replies (1) | Respond to of 176388
 
10-Q filed today includes this on stock repurchases:

During the first quarter of fiscal 1999, the Company repurchased 10 million
shares of common stock for an average cost of $32 per share. The Company is
currently authorized to repurchase up to 50 million additional shares of its
common stock and anticipates that such repurchases will constitute a significant
use of future cash resources. At May 3, 1998, the Company held equity option
arrangements that entitle the Company to purchase 40 million additional shares
of common stock for an average cost of $48 per share at various times through
the third quarter of fiscal 2000.