And nobody cares. Financial engineering with dividend increases and buybacks has done zero for this stock. Painful to own and watch as a long.
Bright spot though, Amazon up today with the prospect of no earnings once again, ha!
I am experiencing the same issue with my account. Brokerage said it's a third party issue and may take up to 3 days to remedy.
I wonder if the verdict will be reduced to a reasonable licensing fee?
It's equivalent to a $1.00 per phone sold. I wonder if the verdict will be reduced to a reasonable licensing fee?
Yet for almost 24 hours Alphabet was on top of the world.
Higher earnings manufactured through less outstanding shares in the float, but the shares are still in the treasury. Retiring shares does not translate into higher sales growth which increase earnings. All I am stating is that the high cost of repurchasing the shares appears to be a loss of capital at this juncture given that these repurchases are under water at the current share price of $95.00/share. The repurchase has not been a winner for shareholders at current share price level.
Ok if this is not true, what is your criteria showing the untruth of the buybacks helping propel the shares of companies higher.
A larger proportion of the buybacks are over $100 per share, so on an average cost basis is it safe to say at best a break even on these repurchases? Returning a higher dividend is shareholder friendly, the repurchases are employees perks given at shareholder expense. History shows repurchase do nothing for the longevity of a higher stock price. Ibm classic example, xom too, Csco, Intc, Qcom, Msft, Orcl, etc. etc, etc.