OTCQX:RPMGD - Post by User
Post by
shawshankon May 22, 2015 4:53pm
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Post# 23756091
RPM should have paid out a special dividend instead
RPM should have paid out a special dividend instead
The amount of shares being repurchased is hardly a dent in the bucket or a pizz in the wind type of effect when you consider the capital structure is aleady hovering at appx 150million so 7million is a miniscule buyback program.
Paying out a special divident to X amount of shareholders on X amount of date would have been the way to go with any excessive cash generated in the Couer NSR agreement.
SS