RE:RE:RE:RE:Buyback and dividends I agree SG&A needs to be trimmed down which brings me to the rationale behind the sale of Capital since we can revert back to "a light Atkins" admin structure now that we are out of construction LSTK projects.
In addition, SNC is NOT a utility management fund
Finally, that would unlock enough capital to reduce the float to 125m shares at a buyback range of 32$ (assuming we pay 22$ to 42$).
That will help trim SG&A, reduce the float to 125m and exclusively focus on increasing the EBITDA of engineering services to 1B and get us to 100$.