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On Sept. 30, 2015, $MLM sold its California cement business to CalPortland Cement Company for $420MM. The company expects to use the net proceeds from this sale to repurchase additional shares of stock under its existing authorization and in anticipation of this, $MLM repurchased 917,000 shares for $158MM during 3Q15.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.