We are way past the 10% mark. LOL so we won't get a bounce from that.... But what about an expansion? I think Visa needs to buy back more. Get us equivalent to MA. ;) We don't need so many shares out! Plus - I want a forward split someday. (LOL - How contradictory is that? ;)
The last update we had was this one:
In October 2009, the Company announced that its Board of Directors authorized a $1.0 billion share repurchase plan through September 30, 2010, and is subject to extension or expansion at the determination of Visa’s Board of Directors. During the first quarter of fiscal 2010, the Company repurchased 5.5 million shares at an average price of $78.78 per share for a total cost of $432 million. At the end of the first fiscal quarter, $568 million remained available for repurchase under the existing repurchase authorization.
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