“They bought back $2.5 billion of stock in the third quarter. Another billion dollars so far in October. And they just announced the new $20 billion buyback authorization.”
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Said on Motley Fool Hidden Gems Investing
Motley Fool Hidden Gems Investing · Nvidia’s Key Man Problem
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announced a $1 billion share buyback while holding $1.7 billion in cash and investments on the balance sheet
$1 billion buyback, $1.7 billion cash
“They bought back $2.5 billion of stock in the third quarter. Another billion dollars so far in October. And they just announced the new $20 billion buyback authorization.”
“Charter Communications climbing after the company said its subsidiaries issued eight cash tender offers to buy back up to $1.5 billion in outstanding notes. You can see shares there are up about 11 percent on the news.”
“We signed it… we are taking it private… we can actually rethink the business model… as long as you have the cash on the balance sheet.”
“Still got 360 billion in cash. So that, that optionality is, is still in place.”
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