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sackmeister

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sackmeister

Re: Matt R post# 46542

Tuesday, 06/26/2007 4:22:03 PM

Tuesday, June 26, 2007 4:22:03 PM

Post# of 63795
It means that having less shares outstanding makes those shares owned by other shareholders more valuable. When earnings are calculated on a per share basis, having less shares outstanding makes the eps rise for those shares currently outstanding.
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