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With the stock at an all-time high, CVS Caremark (CVS +0.8%) announces board approval of a new...

With the stock at an all-time high, CVS Caremark (CVS +0.8%) announces board approval of a new repurchase program for up to $6B worth of the company's shares. (PR)
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Comments (4)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Just like a lot of other companies playing this shell game...insiders dump their shares like crazy and the company buys them back,,,Many companies doing the same thing Should be JAIL time for execs doing this!
    19 Sep 2012, 04:02 PM Reply Like
  • bushacker239
    , contributor
    Comments (19) | Send Message
     
    I don't see "dumping" of shares...I see exercising options....but they can dump all they want for all I care...as long as they grow stock price as they have 34 % in one year....plus increasing the divi as they have.
    Look for at least another 22% increase ( to .80 annually) in Dec...and
    maybe even more.
    19 Sep 2012, 07:00 PM Reply Like
  • alesserph
    , contributor
    Comments (13) | Send Message
     
    On my personal note, I would rather prefer CVS to increase the annual dividend payout to its stockholders than buying back its own stock. So far CVS dividend pay rate is a joke when compared to that offered by Walgreens.
    19 Sep 2012, 07:45 PM Reply Like
  • bushacker239
    , contributor
    Comments (19) | Send Message
     
    While WAG has a better dividend...CVS is up 221% over the last 10 years...while WAG is almost flat with 2% gain. I will stick with CVS
    20 Sep 2012, 04:45 AM Reply Like
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