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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 129.67+0.5%Dec 1 4:00 PM EST

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david1951
To: The_Net who wrote (122693)11/6/2014 10:18:59 AM
From: Art Bechhoefer1 Recommendation  Read Replies (2) of 183467
 
I suspect QCOM will be buying back shares big time today. For FY'14, they bought back 60.3 million shares at a cost of about $4.55 billion, which works out to something like $75 a share. With the shares now trading near $69 . . . They also appear to have authorization to buy back more shares for the current fiscal year.

Art
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