RE:RE:Approx 950,000 shares repurchased and cancelledmnztr wrote: I still say they would raise the stock price more with divvies and special divvies. That share buyback represents 0.6 % Cost them about 16m. 50% fcf is 40m a month the divvy is what? 7m a month? So they returned less then 23m to shareholderis in april. In may they better be ramping fast to 40m
Where you get $40m from? As of the latest presentation (slide 13) FCF is estmated around $700m which is about $30m a month.
Just about every company and stock analyst (and Warren Buffett) would disagree with you on the impact of buybacks versus dividends.