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Bullboard - Stock Discussion Forum MTY Food Group Inc T.MTY

Alternate Symbol(s):  MTYFF

MTY Food Group Inc. is a Canada-based franchisor and operator of multiple concepts of restaurants worldwide. The Company’s activities consist of franchising and operating the Company-owned locations, as well as the sale of retail products under a multitude of banners. The Company also operates a distribution center and a food-processing plant, both of which are located in the province of Quebec... see more

TSX:MTY - Post Discussion

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Post by shawshank2 on Sep 27, 2020 10:34pm

Ncib

Does anyone else not find it greasy that they put out a special nr about share buybacks a few months ago but havemt bought any
Comment by omagh on May 17, 2021 1:56pm
NCIB releases are standard fare.  Buying shares is dependent on the capital allocation plans of the company.  They did go through a period of significant uncertainty, suspended the dividend, raised capital from their LOCs and waited out the storm. Still gob-smacked that MTY was selling for 4x normalized free cash flow in March 2020.  It remains undervalued based on expected ...more  
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