GREY:GRFJF - Post by User
Post by
keizaigakushaon Jan 04, 2009 2:29am
708 Views
Post# 15680540
Stock Repurchases
Stock Repurchases...according to canadianinsider.com, WGI repurchased 2.279 million shares of itscommon stock at $1.36 per share average price during Q4. This is good, however,scrolling further down, one can see management granted itself a nice 900,000shares in options. So, net on net, WGI only really repurchased 1.379 millionshares. I am for good management compensation, but 900,000 in options just forthe top three executives alone does seem a bit excessive....