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Prudent Capitalist

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Prudent Capitalist

Re: None

Friday, 06/29/2018 10:49:04 AM

Friday, June 29, 2018 10:49:04 AM

Post# of 3158
The drop in share price on the Amazon news is actually quite fortuitous for current WBA shareholders as WBA just announced a new $10 Billion share buyback. If they move quickly on the buyback current shareholders will benefit greatly from the additional shares bought back at the lower price. And those holders who reinvest their WBA dividends (which were just increased by 10%) will be reinvesting at the lower price if it holds down here until the next dividend payment.
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