113m shares: $250m buy back at $19 = 13m shares. The price is going up quickly.
more like 15%
Yesterday was a good start. Watch over the next week as the buybacks start. This is the low. It only goes back up from here.
If true, they wouldn't be buying on a day that the stock is up 10%. There will be a pull-back.
True! Announced in this morning earnings announcement. The board approved it on Mar 22, 2013. Here's the earnings announcement.