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Re: corpstrat post# 73992

Thursday, 03/05/2009 6:05:06 PM

Thursday, March 05, 2009 6:05:06 PM

Post# of 257556
If Roche doesn’t use the money for an acquisition, it can wait until Jul 2010 and then buy back its own shares without incurring an interest rate step-up on the bonds. At the current share price, repurchasing its own shares would be highly accretive to EPS.


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