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"Investigators are also looking into the buyback of 21 million shares of Vivendi stock, worth roughly $1.2 billion, in September and October 2001, an operation meant to stabilize the share price of the company in the wake of the Sept. 11 attacks.
Messier has acknowledged approving the transaction, which broke French trading rules because it surpassed the amount of shares that the company could legally buy back."
You can only buy back so much of your company back? - Posted by: boatelc Posted on: 06/21/04 You are currently: a Guest | Members login | Terms of Use
Sounds strange
boatelc | 06/21/04
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Yes
Letophoro | 06/21/04
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What do you think?
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