All of you want to know what a good company does to increase shareholder value? Company name is removed but this is their statement.
Calif.-based company said it instead has authorized the repurchase of $2 billion in shares in an effort to return value to shareholders. Stock buybacks lower a company's shares outstanding, raising earnings per share and expanding the percentage size of shareholders' stakes.
Hopefully sometime in 2011 MCLN will have enough profits to due this
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