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Dr Pepper Snapple Group, Inc. Message Board

  • platinumconvert platinumconvert May 7, 2010 12:33 PM Flag

    And they already bought back about 10 mil shares

    That's another strong point to remember. They've spent about $300 mil of the $1bil authorization so far. Said they'd spend it all this year. The share count number on the call, as of a few days ago, was 245.7 million shares. Yahoo shows 254+ million shares. So they've taken 10 million shares off the table. That's awesome. Noticed, too, that the pay-down in debt freed-up about $20 million extra in cash in terms of YOY interest expenses, too. Message to the board: Love it!

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