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Old 06-16-2015 | 08:11 PM
  #9426  
Mesabah
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Joined: Feb 2007
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Originally Posted by marton404
On the profit sharing front, when the six billion is spent on stock buy backs, won't that stock then be available as options or outright grants to members of management? Perhaps not all, but could Mr. Anderson and company possibley have their own profit sharing plan coming up after the quarterly results are announced?
No, the buybacks reduce outstanding shares, which, pushes up earnings per share. In theory this makes the value of the stock management holds more valuable.
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