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Deckers Outdoor Corp. Message Board

  • A Yahoo! User Jan 28, 2013 6:20 PM Flag

    Where is the buy back?

    Have it started yet?

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    • They had a buyback initiated last january for $100M, but the stock fell so much management purposely blew the buyback and initiated another 200M buyback 4 months later, so a total buyback of 300M in the last 14months. It should have been completed this past quarter as there was 120M left on it but the stock was so depressed after selling off last earnings, I'm sure they blew through it.

      Total outstanding shares before buyback was 38.7M. Total shares after buyback will likely be around 31 as the avg share purchased during the buyback will come out till less than $45/share.

      Z

 
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