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AutoZone, Inc. Message Board

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  • m.swanger m.swanger Mar 7, 2012 8:42 PM Flag

    $750M to buyback shares


    Why don't they institute a dividend program? The stock is too high priced for the average investor.A 100 shares will cost you $37500+_-. Or perhaps do a stock split or a stock dividend? The stock buyback seems a terrible waste of money especially in lieu of its current price. Sears did similiar thing with stock buyback to inflate its price, only to see it drop like a rock several yrs. ago. Thoughts/comments?

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    • lol....

      ALL those insiders have to pocket personaly at least 500M....

      If you don`t pop the stock price(legal or not) would won`t make tons of money from options and from selling those you had for peanuts....

      That thing will bust... my guess, they won`t go farther the end of 2012 before to be in the implosion process........ just look at those dee itm calls written by those insiders.....

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