Over the past 20 years, IBM has bought back $140 billion of its stock. Its current market cap: $127 billion.

Over the past 20 years, IBM has bought back $140 billion of its stock. Its current market cap: $127 billion. ( twitter.com )

submitted 2020-01-22T23:07 by ellanana

5 comments

AphexTim 2020-01-24T03:13

IBM is creating worldwire with stellar as the base layer technology. A global payment system using blockchain and pos crypto.

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ICarryHotSauce 2020-01-23T03:03

Share prices fluctuate. Maybe they bought because they saw the price was bottoming out and they'll sell when it rises. I don't know all the details, but "buy low, sell high" is always in play.

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NotHereForPizza 2020-01-22T23:56

I wonder when the last time they reported profits was...

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On-time 2020-01-22T23:54

So you're saying IBM buying its own shares has been, objectively, a terrible investment.

There's a lot of MBA level case studies to be written about IBM in the modern era. All of them will share a similar theme: What not to do .

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derram 2020-01-22T23:33

https://archive.ph/wip/rpLMS :

Charlie Bilello on Twitter: "Over the past 20 years, IBM has bought back $140 billion of its stock.

Its current market cap: $127 billion. $IBM… "

This has been an automated message.

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