RE:RE:RE:TD Sorry but not buying it. Patience has worn thin. By 2026 there is just as much likelihood they go on another buying spree and take on whatever debt they cancel between now and then. A reasonable return to investors is always an afterthought. I'll continue holding my very small position in CPG and leave the remainder with companies that pay a decent monthly dividend. There's nothing compelling about what was shared at the investor day to make me want to come back.
GLTA... you're going to need it.
jleer42 wrote: The name change is a waste of money, but the rest is really no change. The variable dividends were only to bring the shareholder return to 60%. With the last increase in the base dividend it was expected to be the last of the variable dividends. They will need to do a better job of managing share buybacks going forward, which isn't a bad thing. Also, they have clarified the return to shareholders will increase from 60% as debt gets repayed. Also not a bad thing.