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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5876

Tuesday, 10/30/2012 10:13:25 PM

Tuesday, October 30, 2012 10:13:25 PM

Post# of 30495
IBM increases buyback authorization by $5B to total of $11.7B:

http://finance.yahoo.com/news/ibm-board-approves-quarterly-cash-145500029.html

All told, IBM buys back more stock than any company, with the possible exception of XOM. That’s one reason the IBM’s EPS has increased year after year after year.

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

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