Can I Have A Witness

Please witness the monster moves in Biogen Idec and Genzyme, two biotech stocks that have been aggressively repurchasing shares.

3 comments:

Anonymous said...

Agreed. But share repurchases don't seem to be helping Gilead all that much.

Tsachy Mishal said...

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.

Tsachy Mishal said...

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.