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if a repurchase yield is positive than (repurchases/outstanding) is positive. company repurchased shares = accretion = good for shareholders = higher returns.

If the repurcahse yield is negative then repurchaes are negative. A "negative repurchase" is an issuing of stock = dilution = bad for shareholder = lower returns.

Its a tricky word play.

I just think to add it if its good and subtract it if bad.

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