he could have sold his options for the market price but instead he bought shares. That's very bullish.
Sentiment: Strong Buy
FOSTER CITY, Calif.--(BUSINESS WIRE)--May 7, 2014-- Gilead Sciences, Inc. (Nasdaq:GILD) today announced that the company’s Board of Directors has authorized a repurchase of up to $5 billion of the company’s common stock. This is in addition to a separate $5 billion buyback program announced in January 2011, which has approximately $2.9 billion remaining in the plan and is expected to be completed bySeptember 2014. The new program expires three years after the completion of the current repurchase program.