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Broadcom Corp. Message Board

  • smoothinvestorguy smoothinvestorguy Mar 7, 2008 3:35 PM Flag

    45 MILLION SHARES....

    Management stated during the last CC that they had about $800 million left of the $1 Billion share buy back program.

    At today's price of $17.50, they could afford to buy 45,714,000 shares right now, assuming they still have $800K left.

    Naturally, I'm just playing with the numbers. But it kind of puts it into perspective what management COULD do if they so chose to do it.

 
BRCM
38.75+0.12(+0.31%)Jul 22 3:59 PMEDT

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