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IHS Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Oct 12, 2012 5:13 AM Flag

    Director buys shares

    Michael Armstrong bought 5550 shares on Wednesday at an average price of $89.95/share bringing his total to 41,888 shares.

    insider-alerts%2Ecom/Data/20121011/0001316360-12-000117%2Exml

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    • On Friday the company announced it would buy back $100 mil. worth of stock....roughly 1.7% of the outstanding shares...and the stck went up 3.6% on the news. So that bump has occurred. I actually like this company alot but think it will fall back again before it starts up. I'd be interested in it back down in the low $80s.

      • 1 Reply to warnbeeb
      • That's very interesting...makes you wonder, doesn't it? Armstrong buys on Wednesday and then the repurchase is announced on Friday...what did he know and when? You think he bought on his insider info? Surely it wasn't pure coincidence that he bought just before it was announced without any knowledge it was coming.

    • On Friday the company announced it would buy back $100 mil. worth of stock....roughly 1.7% of the outstanding shares...and the stck went up 3.6% on the news. So that bump has occurred. I actually like this company alot but think it will fall back again before it starts up. I'd be interested in it back down in the low $80s.

 
IHS
133.20+0.19(+0.14%)10:32 AMEDT

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