Michael C Wallach

US Patent:

7539642, May 26, 2009

Filed:

Oct 27, 2004

Appl. No.:

10/976084

Inventors:

Terence S. Meehan - New York NY, US
Michael C. Wallach - Woodmere NY, US
John F. Clayburg - Coon Rapids IA, US

Assignee:

T.S. Meehan & Associates, LLC - New York NY

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

Systems, methods and computer program products enable companies to consistently repurchase corporate stock at a price below the industry-standard Volume Weighted Average Pricing (VWAP). Historical trade data is analyzed to identify prior prime purchasing opportunities that are used in determining a baseline. During each trading period, as a favorable purchasing opportunity arises, the amount of corporate stock to be purchased is adjusted based upon the strength of the current pricing when compared to the baseline. That is, when the current pricing is identified as being highly favorable, more shares of corporate stock are purchased. Accordingly, this dynamic purchasing scheme allows companies to consistently repurchase corporate stock at favorable prices.

US Patent:

20090228389, Sep 10, 2009

Filed:

May 19, 2009

Appl. No.:

12/468237

Inventors:

Terence S. Meehan - New York NY, US
Michael C. Wallach - Woodmere NY, US
John F. Clayburg - Coon Rapids IA, US

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

Systems, methods and computer program products enable companies to consistently repurchase corporate stock at a price below the industry-standard Volume Weighted Average Pricing (VWAP). Historical trade data is analyzed to identify prior prime purchasing opportunities that are used in determining a baseline. During each trading period, as a favorable purchasing opportunity arises, the amount of corporate stock to be purchased is adjusted based upon the strength of the current pricing when compared to the baseline. That is, when the current pricing is identified as being highly favorable, more shares of corporate stock are purchased. Accordingly, this dynamic purchasing scheme allows companies to consistently repurchase corporate stock at favorable prices.