>>At the start of 2014, American’s stock market capitalization was about $13.3 billion. Shareholders got back $15 billion between then and now. 3 In the aggreg

>>At the start of 2014, American’s stock market capitalization was about $13.3 billion. Shareholders got back $15 billion between then and now. 3 In the aggregate, shareholders got about 113% of their money back over six years. If their stock is now worth zero—it’s not, American’s market cap as of yesterday’s close was about $6.8 billion—then that’s not an amazing return He's assuming that they sold the shares. If not, they may hold a lot more shares in total, but all are now worth about half.