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Elmer Phud

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Elmer Phud

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Re: RWTHEBulls$ post# 3469

Friday, 04/10/2015 12:34:16 PM

Friday, April 10, 2015 12:34:16 PM

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RWTHEBulls

Typically, buying back X shares does not result in an X reduction in outstanding share count. I wish it did but some of the buyback goes to cover employee share grants, options and other internal uses.

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