August 18, 2006
Microsoft Corp. is switching tactics
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Stock buybacks generally boost a company’s share price because they lower the number of outstanding shares available on the market.
MSFT
Date................Close Price.........Volume
4/26/06.........27.10...................39,190,000
4/27/06.........27.25...................96,509,600
4/28/06.........24.15...................591,052,224
5/01/06.........24.29...................174,800,896
5/02/06.........24.01..................190,533,504
5/03/06.........23.17...................211,527,104
5/04/06.........23.44...................171,257,408
5/05/06.........23.80..................131,604,304
5/08/06.........23.73...................80,693,504
5/09/06.........23.62...................75,345,904
5/10/06.........23.77....................76,563,296
