RE:Slashing dividend, yet buying in shares? Is this even legal?Are they not allowed to change corporate direction ?
New management looked at the situation and realized maintaining the high payout in a higher interest rate environment was not going to help the company grow. How do you manage to grow a company when you don't retain profits ; I guess you can sell more shares which has its' one issues. JMO
Terrible internet not allowing me to look at insider actions but until there's proof ,as in buying .......