IMVESCOR RESTAURANT GROUP INC. T.IRG

divvy known yet?

[thedave2006]

major shareholders pushing for one.... cheers, dave.

[Rainman]

I think they were more leaning towards a share buyback instead of a Divy. Whatever, I wish they would announce SOMETHING soon to support the share price.

[lightning99]

No divvy or buyback coming this year.. I doubt we will see a buyback at all, float is just too small, 5M buyback would be over 2M shares there is only 40+M shares to start with. I imagine we would see a div or more debt repayment. we will have to wait for 2015 to find out for sure. But it was mentioned a few post back, someone posted a summary of the meeting Mr Richard addressed it specifically

[Rainman]

Options from  the AGM Presentation on their web site: •Board continues to evaluate options Increase support to franchisee network Stock or warrant buy back Dividend M & A •Will prioritize all initiatives supporting the revitalization of our brands