Corus Entertainment Inc. T.CJR.B

Alternate Symbol(s): CJREF

Communication Services

Corus Entertainment Inc. is a Canada-based diversified, integrated media and content company that develops and delivers brands and content across platforms. The Company operates in two segments: Television and Radio. The Television segment is comprised of over 33 television networks, approximately 15 conventional television stations, digital media assets, a social digital agency, a social media creator network, technology and media services, and content business, which includes the production and distribution of films and television programs, merchandise licensing, and book publishing. The Radio segment is comprised of around 39 radio stations situated primarily in high-growth urban centres in English Canada, with a concentration in the densely populated area of Southern Ontario. The Company's primary method of distribution is over-the-air, analogue radio transmission, with additional delivery platforms including HD radio, websites, mobile applications and podcasts.

TSX:CJR.B - Post by User

Corus Entertainment Inc.

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Comment by BlueHorseshoe02on Feb 22, 2020 6:45pm

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Post# 30721854

RE:RE:RE:RE:RE:RE:RE:Taking small bites

Buffet buying back US $ 2.2B on buybacks vs internet trolls saying buybacks are ???? lmao

It'd be irresponsible of management NOT to buy back 10% of the share count every year at these prices once they pay down enough debt.

They can buy back 20% of the float every year with the current FCF and still grow revenues (and earnings even more) and not skip a beat.

Buybacks also are only reason Dow is at 29k and TSX still stuck at 17k. 10 years ago TSX was 3k higher than the Dow. US companies know the inherent advantage of stock buybacks.....most Canadian companies do not.

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