Subject: Re: New High Price for Repurchases?
If I've missed something here (not unlikely), please let me know.

Sounds right to me. The only 'negative' is they seem to have pulled back significantly on the amounts being purchased in July. In all of Q2 they purchased over $1B worth of shares if my calculations are correct. In July they reduced that rate to only about $80-90M. Nothing new here but seems price has possibly reached the upper bounds of what they are willing to pay.

Jeff