Intel buying back shares cheap when nobody's watching. Check today's Yahoo news. You gonna listen to an Analyst that says sell at the bottom of the COMANY itself, that's buying shares with CASH
"the number of shares outstanding never reduces by anything meaningful despite all that cash being used to buy in the shares"
Wrong, but I don't expect you to do any research/tell the truth as you a just another Lucy_Nuff alias. I have your alias count well over 100 now. What percentage of shares have they retired over the last 10 years, big shot?
Intel RSU tax sales process makes it look like the employees are rolling over options.
Intel incorporates RSU stock options into the compensation packages of most of its employees. In response to financial reporting rule changes, Intel to the RSU shares which do have a strike price of $0. When the RSU vest, the owner is responsible for taxes on the gains from $0 to market price for that tax year. Most employees have elected the option to sell shares to pay for the tax payments. The executives who must file the SEC FORM 4 to report these insider tax sales make it look like they are just rolling the shares over. The Form 4 must be read to understand the difference.
"When the RSU vest, the owner is responsible for taxes on the gains from $0 to market price for that tax year. Most employees have elected the option to sell shares to pay for the tax payments."
Alexander, I respect your postings. The thing to look at with respect to the above, is that more often than not, the insiders sell exercise and sell their entire vesting, and believe it or not, they are not taxed at 100%, so the explanation falls short. You need only look at the reported insider transactions to see I am not making this up.
In any case, I stand by my position that the practice should be against the law. Only the insiders have any reason to support the current practice.
"What percentage of shares have they retired over the last 10 years, big shot?"
Less than 10%.
Now how about some questions for you: How many billions did they spend in so doing, and what was the company's resulting average price per share for the retired shares? In the meantime, how much money did the insiders reap off this wicked scam they are perpetrating on unsuspecting dopes like you? (Or are you merely a shill and not a dope?)