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oldnick

07/22/16 2:43 PM

#32628 RE: Easy1 #32627

I listened to the entire call. I did NOT hear them authorize additional buybacks, I believe they said they had bought back 50+M shares for $1.7B in 2Q. I didn't hear them say what authorization was outstanding if any.

Overall I felt the call was much more cautiously positive than the last 3-4 calls.