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Re: Microsoft Buys 154 Million MSFT Stocks

Roy Schestowitz wrote:
> Microsoft Announces Final Results of Tender Offer
>
> ,----[ Quote ]
> | Company Repurchases $3.8 Billion of Its Common Stock
> `----
>
> http://biz.yahoo.com/prnews/060824/sfth026.html?.v=74
>
> What a surprise? MSFT is almost back to $26. One wonders if it's gaining
> market share...... NOT.


Big fucking deal. They buying back 1% of outstanding shares between now
and 2011. The number of shares they buying is only about 2.6 days of
average trading volume. Certainly not enough to affect stock price.


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