BillyS
msg:3324232 | 7:40 pm on Apr 27, 2007 (gmt 0) |
Imagine what they could do if they could figure out search. I'm holding onto my stock for a bit longer.
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walkman
msg:3324275 | 8:21 pm on Apr 27, 2007 (gmt 0) |
they also bought close to $7 billion back in stock thsi quarter...leaving "only" $27 billion in bank. MSFT is a cash machine
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rj87uk
msg:3324465 | 12:27 am on Apr 28, 2007 (gmt 0) |
| they also bought close to $7 billion back |
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I am not too sure about shares in general, I have a quick question - why does any company buy back shares? RJ
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BillyS
msg:3324473 | 12:40 am on Apr 28, 2007 (gmt 0) |
Microsoft also has no debt...
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stajer
msg:3324474 | 12:40 am on Apr 28, 2007 (gmt 0) |
Buying back shares is a way of giving shareholders value without distributing cash. When a company buys back its own shares, it retires them (takes them out of the pool of ownership). That means each remaining share now owns a slightly bigger piece of the company. The companies overall value declines slightly (by the amount of cash used for the buyback), but overall each shareholder's value is increased. Generally when a company does a buy back it is because they feel their stock is undervalued or they can't do anything with the cash that would return better than just giving it back to the shareholder. Shareholder's like it because it increases their share value without a taxable event to them (such as a distribution would have).
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walkman
msg:3324483 | 12:53 am on Apr 28, 2007 (gmt 0) |
stajer,
correct me if I am wrong, but also the value increases via upply and demand (less shares on the market so if you want them...) Also, I think, the dividend increses since the same amount will be divided among less shares.
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stajer
msg:3324487 | 12:56 am on Apr 28, 2007 (gmt 0) |
Yes, walkman you are right on both counts. [this is my 200th post!]
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stajer
msg:3324489 | 12:59 am on Apr 28, 2007 (gmt 0) |
Ok, wait.... this is my 200th post. [And perhaps my most informative.]
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stajer
msg:3324490 | 1:00 am on Apr 28, 2007 (gmt 0) |
Hmmm... I am beginning to sense that post in FOO don't count to your post count. I will be a Junior User forever!
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lawman
msg:3324539 | 2:27 am on Apr 28, 2007 (gmt 0) |
Neither Foo nor Community posts count (and maybe some others, but the formula is too complex to explain :)).
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crates
msg:3327197 | 9:38 am on May 1, 2007 (gmt 0) |
What's that, you say? Microsoft Outlook '08 was released today? *fires starting pistol into the air* Let the misinterpretation begin! *dodges falling bullet*
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