Has anyone calculated how much money oracle has lost on its share buybacks over the last few years? It has to be at least $2 per share times hundreds of millions of share, isn’t it? So maybe a Billion or so?
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Saw an article that said that Apple lost $8B so far this year on $80B in stock buybacks
Much higher, almost $3bn for shares repurchased in FY18 and first 6 m of FY19. Spent $11bn in FY18 and $20bn fist 6 m on FY19 at much higher prices than the current $44 per share. That’s a lot of shares to lose money on. Way to go 3 stooges and useless BoD.