Any one know if an updated proxy is out? Saw a post that $1.5 to $2b or stock was repurchased recently. Being up to March 2nd. Update share count
The interesting bit from the proxy is that they seem to have purchased an additional 1.4b between 14th Feb and 2nd March ( assuming an average price of just under 315).
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That would be welcome news. How did you come to this conclusion? I am trying to find current share count per new filing? Thanks
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The latest share count as of March 2 is on the proxy as it usually is.
As of the close of business on March 2, 2022, the record date for the Annual Meeting, the Corporation had outstanding and entitled to vote 614,692 shares of Class A Common Stock (hereinafter called “Class A Stock”) and 1,287,633,719 shares of Class B Common Stock (hereinafter called “Class B Stock”). Each share of Class A Stock is entitled to one vote per share and each share of Class B Stock is entitled to one-ten-thousandth (1/10,000) of one vote per share on all matters submitted to a vote of shareholders of the Corporation. The Class A Stock and Class B Stock vote together as a single class on the matters described in this proxy statement. Only shareholders of record at the close of business on March 2, 2022 are entitled to vote at the Annual Meeting or at any adjournment thereof.
So far this quarter the share count has been shrunk by 0.3% for a total spend approaching $2b. Slight slowing of pace but still buying back actively as of just over a week ago.
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