From SEC q-10 Document signed August 4, 2011
From Cash Flow Statements (Financing)
Page 47 Number of Shares Repurchased... 1,300,000 between April 1 and June 30, 2011
Repurchases of common stock
(192,130 ) (4,901 )
in thousands of dollars first six months of 2011 and first six months of 2010 on page 3 Diluted earnings per share
Weighted average number of common shares outstanding – Diluted
June 2011 June 2010
311,477,000 307,576,000
Page 1
What I want to know is how can a company repurchase 1,300,000 shares using over $192,000,000.00 in cash flow and still have an 4,000,000 share increase in number of shares outstanding.
Stuart Levy
Bigstu52@gmail.com
Investor Shareholder.
Stuart
