"This strong financial performance also supported our share buybacks as we repurchased 25.2 million shares for $3.5 billion in Q2 with a cumulative total of 83.5 million shares repurchased for $11.8 billion as of July 21."
Peter Osvaldik, CFO, July 27, 2023.
2 replies (most recent on top)
Lol and the stock is still total sh-t.
Meanwhile, TMO is accumulating debt at a rapid rate. This is so short term focused it’s not funny. They should be shedding debt or avoiding new debt in an environment of high interest rates. I bet Mike is after the stock price increase followed by dumping. No concern about long term viability.