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Hewlett-Packard Company Message Board

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  • unclefulbert unclefulbert Mar 13, 2003 3:52 PM Flag

    So that's what's been holding up HP

    I say the $10.0B stock buy back is a bigger story than the $0.145B. If Octo's post is correct, HP had paid an average price of $47 per share! Unbelievable. Will someone more math inclined double check the number?

    From 2000 annual report: "In fiscal 2001, 45,036,000 shares were repurchased for an aggregate price of $1.2 billion. In Fiscal 2000, 96,978,000 shares were repurchased for $5.6 billion and 62,084,000 shares were repurchased for $2.6 billion in fiscal 1999."

34.76+0.93(+2.75%)May 22 4:01 PMEDT