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- 2014-6-29
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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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