aidebaobao

bucky6225 Wrote:
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> I understand what you guys are saying, but
> sometimes it doesn't say whether the number of
> shares outstanding increased or decreased. It
> just gives change in S as -0.5. In that case, how
> do you know whether the equation should be
> either,
>
> D/P - (-0.5)
>
> or
>
> D/P - (0.5)

If they give you change in S, you subtract it. If they give you repurchase yield, you add it.