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  • cmegladon cmegladon Dec 10, 1999 6:02 PM Flag


    open market or because they believe their shares
    are undervalued on the market. They are buying back
    shares at $13..and change from BMY per an agreement they
    have with them. Would YOU buy them back at $13 if you
    had the option?? Of course.
    As far as affecting
    their share price, it has little or no impact--it does
    however effect their financials to some degree & takes
    some shares out of circulation, thereby slightly
    affecting the value.

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