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It's A Bullish Signal When A Company Buys Back It’s Own Shares! Dear Fellow Investor.Shareholders and investors of two blue-chip companies were treated to good news on Monday July 9, 2007, that carries potentially bullish long-term consequences.First, Johnson & Johnson announced the repurchase of up to $10 billion of its common stock.Then ConocoPhillips announced the repurchase of a $15 billion share buyback programme, representing an increase of $13 billion above the $2 billion that remained in a previous buyback program.But ...

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