GREY:SDRYF - Post by User
Post by
STE15165on Oct 06, 2013 9:35pm
298 Views
Post# 21795223
share buyback
share buybackIt is early and this may seem unconventional but what if management adopted a plan where 20% of net income went to buying back shares. This would help share appreciation and that is ultimately the goal of a publicly traded company. $4 million dollars could roughly retire 45-50 million shares. If we start the process after a perceived allowable business plan we would only retire 4 million shares with the same expenditure. Thoughts are welcome.