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STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A



TSX:STB.DB.A - Post by User

Post by d_trumpon Dec 10, 2015 2:48pm
188 Views
Post# 24374194

NCIB is a no-brainer

NCIB is a no-brainerThere is no question they should be buying shares at these prices - it's called financial engineering.  HOWEVER, they should also cancel the DRIP when the share price is so low.  I would curious to see how many shares they are issuing under the DRIP and how that compares to the NCIB purchases.  It could be a wash, in which that is silly......
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