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Intel Corporation Message Board

  • stockjock44 stockjock44 Feb 20, 2013 10:21 AM Flag

    Stock buyback?

    Gotta love the stock buyback. They borrowed 6 billion to step up the buyback and what has happened. The stock goes down on low volume. They pay interest on 6 billion worth of bonds. They don't buy stock at this low price, must be they're waiting for it to go up. At 20/share, they need to buy 300million shares. Thats over 1 million shares per trading day for over a year. Must be they want the stock price down so they can issue more low priced stock options - especially to Paul when he retires. Anyone who agrees, please send your concerns to investor relations.

 
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