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DewDiligence

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DewDiligence

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Re: DewDiligence post# 2427

Friday, 07/01/2011 9:22:28 AM

Friday, July 01, 2011 9:22:28 AM

Post# of 30545
VALE announces $3B buyback program:

http://sec.gov/Archives/edgar/data/917851/000095012311063514/c19523e6vk.htm

The program runs through 11/25/11. If fully executed, the buyback will decrease the shares outstanding by about 2%. See the pie chart in #msg-61404125 for VALE’s share ownership.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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