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DewDiligence

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DewDiligence

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Re: ilpapa post# 7707

Wednesday, 12/04/2013 10:39:24 AM

Wednesday, December 04, 2013 10:39:24 AM

Post# of 30494
DE +4% on $8B new buyback authorization:

http://finance.yahoo.com/news/deere-expands-share-buyback-program-152400848.html

With $1B remaining on the old buyback authorization, DE can buy back up to $9B of stock; at the current share price, $9B equates to about 105M shares, about 28% of the shares currently outstanding.

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

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