Reduces the shares out and props up the per share numbers. Does anyone else wonder if companies buying their own stocks at or near ATH carries some risk? Is it possible to correct more than 10%? I can't even remember the last dip over 10% in SPX. IBM isn't too happy with the last reaction to ER.
Now why did YaZoo cut short my post? Less than 2% organic growth, does anyone care about that? Must have been the "less than" symbol I used, Marissa hates symbols. For an engineer, she sure is doing a crummy job. I went to the home page last week and couldn't read because an adv. kept covering up the words. Sure, whatever gets the dog stock up is what matters.