"Intel today announced its board of directors has approved a $20 billion increase in its stock repurchase program authorization. In the third quarter, the company generated approximately $10.7 billion in cash from operations, paid dividends of $1.4 billion, and used $4.5 billion to repurchase 92 million shares of stock".
https://www.intc.com/files/doc_financials/2019/Q3/Q3-2019-Earnings-Release.pdf
(Score: 0) by Anonymous Coward on Monday October 28 2019, @03:45PM
Update: I guess he already knows and has been taxing me accordingly. Just that when I spoke to him last he so over simplified that what he told me was essentially incorrect. Then today he says, well, the rules are more complicated than that, blah blah blah, but yes, you have been taxed correctly. I guess he's so busy he doesn't have time to correctly explain anything to me ....