Numbers are fine. They’re dumping way more than necessary into stock repurchases. Their goal after acquisition was to repurchase 1 billion over the next 4 years.

Through 3 quarters this year they’ve already repurchased about 550 million (120 million in third quarter) and will easily be north of 700 million for the year. Seems unnecessary and intentional to dilute numbers.

Big profit sharing last year but also only 300 million in stock repurchases for the whole year.

i bet this year will end up closer to 800 million in total stock repurchases. The goal was 1 billion in four years… hmmm