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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Comment by checkingfacts66on Feb 27, 2014 11:22am
109 Views
Post# 22258795

RE:RE:RE:RE:large volume and crosses

RE:RE:RE:RE:large volume and crosseswdr2, any shareholder of record when a dividend is declared is entitled to participate.  Think about your answer - Mitchell was a shareholder prior to the government decision to revoke leases.  So he gets a dividend on those shares and not the ones he bought later?  So you give that dividend to the prior owner of the shares that sold them to Mitchell?  How do you figure out who that is?  Why should someone that left this story get a benefit?  I could give you another example, but I use this to show your complaint makes no sense.  

What is fair is that people are making buy and sell decisions based on the risk the government will pay the amount submitted by AOS for compensation.  I bought shares on the expectation that we would get $56 million.  Now I am starting to wonder.  Anybody with a cost base over $0.10 per share has to be worried.  The board loaded up on $0.10 options.  Any price over $0.10 per share benefits them.  So what about the rest of us with ACB over $0.10?  
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