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  • intelonly_please intelonly_please Dec 5, 2012 8:24 AM Flag

    Alexander D.

    By my rough calculation, they bought 2.3 billion shares over the last 8 years and retired about 2 billion.
    If true, that's awesome. Right?

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    • I think that's pretty good. I am not per se against stock-based compensation.

      But I strongly believe that stock compensation should be on prevailing market prices (not $0 or below market). They can profit from whatever increases happen from there, but they shouldn't be allowed to profit when the stock goes lower. Otherwise, it is a contorted compensation system where they win irrespective of the stock does - the only thing that would change is the amount of feeling is that they should not profit when their own/corporate performance has been below par or worse.

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