A diary of the thought process behind my investment decisions
Agreed. But share repurchases don't seem to be helping Gilead all that much.
Lets see what happens once they are done with the coming buyback. This is much larger as a % f shares outstanding and is similar in size to the BIIB and GENZ buybacks.
Actually I'm just speculating because they haven't announced exactly what they are doing yet. But they talked the talk on the conference call yesterday. I can't recall a management speaking so aggressively about a share repurchase.
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