His recent
share repurchase reflects his view that the stock is discounted.
Not exact matches
In addition to the factors impacting the year - over-year changes in quarterly GAAP pretax income, GAAP EPS for 1Q18 was further affected by a lower number of
shares primarily
reflecting share repurchases in 2017 and the impact of a lower tax rate in 1Q18 resulting from the Tax Reform Law.
If their
shares subsequently lose value, it
reflects weakness in the business, and the company often chooses not to make
repurchases because it has higher priority needs for its capital.
«Notice that the calculation of the S&P 500 already fully
reflects the impact of the
repurchase on both the level and the growth of per -
share earnings and dividends.»