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Timothy Smith

05/11/15 2:42 AM

#40 RE: wormwood #38

As a result of strong margins, free cash flow of $113 million.

That's roughly equal to half of the free cash flow generated in 2015, and I anticipate the company to continue to aggressively retire shares.

The share count dropped by 1.4 million in Q1, and the board of directors recently replaced the $462 million remaining on its buyback program with a fresh $1 billion authorization