Question about Cash flow statment and Sale Purchase of Stock?
Andy asked:
In the Cash Flow statment, under Total Cash Flows From Financing Activities I see there is negative 3,868,000,000 next to Sale Purchase of Stock.
In the Cash Flow statment, under Total Cash Flows From Financing Activities I see there is negative 3,868,000,000 next to Sale Purchase of Stock.
The company is Dell.
My questions are;
What is Sale Purchase of Stock?
What does the negative 3,868,000,000 mean about the company (DELL)?
Thank you
Carter Schlotzhauer
It means they are buying back a net $3,868,000,000 of their own stock. If they were selling more stock (than they bought back) it would be a positive number