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Philip Morris International, Inc. Message Board

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  • precisionusb precisionusb May 19, 2010 11:44 PM Flag

    Been waiting to get in

    PM's buyback history isn't that great. Last year I think they averaged in at $49.50. In 2008 they bought a lot before the crash and didn't really get to take advantage of the low prices offered after the crash. They would be better off hedging the currency verses buying back the stock.

 
PM
82.96+0.16(+0.19%)Feb 27 4:05 PMEST

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