[ls612]

Up 15% after hours on news that they will begin a large cash dividend and share repurchase program.

[aeyes]

They have have been buying back stock for a very long time

[jeffbee]

In fact they announced the same-sized buyback authorization exactly 1 year ago.

[lupire]

How much of authorization was realized in actual purchase last year?

Is this announcement a continuation of buybacks at the same rate, or just a renewal of the headroom?

[jeffbee]

Beats me. Their buybacks have accelerated over the last decade and were about $60B each of 22 and 23.