$Lululemon Athletica(LULU)$ I

$Lululemon Athletica(LULU)$ I double checked the financials since I could tell $461 couldn't possibly be the avg. buyback price this year. While Lulu mentioned they repurchased $1.2 Bn YTD, their 10-Q shows they bought back $889 Mn until Q2 which implies they bought back another $311 Mn so far this quarter. Assuming $260/share, it means they repurchased 1.2 mn shares in August i.e. ~1% shares. Overall avg cost/share for this year's buyback is close to $330. It's still far from that price point, so just be patient

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