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During the first three months of 2016, $RAI purchased 927,803 shares of its common stock for $47MM that were forfeited and cancelled with respect to tax liabilities associated with restricted stock units vesting under the Omnibus Plan. During the first three months of 2016, $RAI repurchased 1,534,313 shares in open-market transactions for $78MM.
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.