Pfizer announced today a $10 billion stock buyback
Post# of 72440
Posted On: 06/28/2013 2:39:15 PM
Pfizer announced today a $10 billion stock buyback program? Instead of buying CTIX? Who's the idiot that made that call? Sounds like a bean counter. I can see it now . . . CFO making a presentation to the board recently . . . "Hey, why don't we use some of our cash hoard to buy our own %&*$ back? Investing in the future is overrated!"
No wonder PFE has been a pure dud for years.
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