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Buying back stock? »
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spewak
R.I.P Dadkins
Premium
join:2001-08-07
Elk Grove, CA
·SureWest Internet
·FrontierNet Intern..

Higher Profit =

Higher cable bills in about 6 months.

Comcast Corp. announced plans for its first dividend in nearly a decade and committed to a timeline for buying back nearly $7 billion in stock, a salve to investor complaints the cable giant isn't friendly to shareholders.

Gotta keep those investors happy!
--
The weekend is here, grab a can of beer!


TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast

said by spewak See Profile :

Higher cable bills in about 6 months.
The cost of programming(what they pay to Hollywood for content) went up 7%. And that is why your cable bill keeps going up.
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Rickez
Goinginsane

join:2000-09-02
Three Rivers, MA
Is that also why commercial content is at an all time high?
--
Got a one way ticket, going the wrong way....

openbox9

join:2004-01-26
Alexandria, VA
·AT&T Southeast

reply to spewak
said by spewak See Profile :

Gotta keep those investors happy!
Considering investors own the company...yes!
Forums » Comcast Posts Higher ProfitBuying back stock? »


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