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At Sept. 30, 2015, $XRAY had authorization to maintain up to 34MM shares of treasury stock under the stock repurchase program as approved by the Board of Directors. Under this program, the company repurchased 2.1MM shares year-to-date 2015 for $112.7MM. As of Sept. 30, 2015, $XRAY held 23MM shares of treasury stock.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.