So How Buy Backs Currently Look
as of trading at 8/14 10:08 the company could use its cash to buy back around 100 million shares,
They generate enough quarterly cash to buy back 2 1/2% of the float every quarter.
I'd of course prefer cash go towards any new ANDAs they believe they could see outsized profits from but the financials on this are starting to get silly.
They are also debt-free, so borrowing to buy back is also an option.