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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

Consumer Cyclical Auto & Truck Dealerships
AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands.


TSX:ACQ - Post by User

AutoCanada Inc
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Comment by orepasson Feb 18, 2015 7:31pm
163 Views
Post# 23441636

RE:RE:Easy to see...

RE:RE:Easy to see...The buyback program is to support the stock price, period... This company has no excess cashflow to buyback shares unless they stop making acquisitions... How do you feel as an investor who bought the issue @$78 and now see the company using the cash to buyback shares @ $48??? Buybacks only make sense for cash rich, mature companies... ACQ is not cash rich... Mature already? Something doesn't add up...

orepass 
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities