marnavcopi is correct. This is due to the Sell+Buy accounting due to MDT moving the domicile to Ireland. The executives got extra money (your money) to pay for the capital gains taxes. You will pay your own capital gains.
COV closed at $106.71 on 2015/1/26 That does not enter into the calculation, I don't think.
I don't know what MDT price should be used.
Date Open High Low Close
Jan 27, 2015 75.02 75.61 74.62 75.26
Jan 26, 2015 76.87 76.93 74.98 75.59
This forum will go away soon. MDT forum will continue.
The company reported first quarter earnings of $511 million, or $1.11 per diluted share, seven cents better than the $1.04 per share analysts were expecting for the quarter.The Dublin, Ireland-based company also generated quarterly revenue of$2.69 billion, missing analysts estimates of $2.72 billion in revenue. The stock has risen more than 50% over the last 12 months.
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