% | $
Quotes you view appear here for quick access.

Focus Media Holding Ltd. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • paultradestoday paultradestoday Aug 19, 2008 3:53 PM Flag

    any news about share buy back?

    They are approved and have dealer to buyback $100MUSD worth of stock. They said they would start when the the window opens. (Monday at the open)My thought is that they did exactly that on Monday and will continue to buy through the end of the quarter (end of next month). This could remove up to 3.5 million shares from the EPS calculation and give an extra boost to their next EPS of as much as 2.5%.