RE:RE:just wondering,, To answer your question :)
Corporations buy back shares when they ....have the disposable capital to do so ....believe their company is undervalued. So in the case of ScreenPro one could argue the company is undervalued (based on limited financials) but the company doesn't have the capital do so.
In essence a company would have to have substantial profits from revenues to make the decision to repurchase shares. Relatively speaking (based on the no. of public companies) this is a rare event. When companies get to that point in their evolution they will use some of those profits to reward shareholders through dividends.
Cheers!!!
dmshediac wrote: dmshediac wrote: why doesn't every corp. buy back shares?? I like to throught out"wonders" ,,just to see how people respond. As if, certain people know all answers and yet, really don't know the person that makes a post ,financial background,, Being half Irish is fun,, like to see how other peoples brains react. It's all good.Being half Welsh, keeps me sensible....
see,, no one answerd the true question,, which was " why doesn't every corp. buy back shares",, the reason i asked is because someone POSTED"WHY DOESN'T SCRN BUY BACK SHARES, IT WOULD SHOW CONFIDENCE" which is bs,, & implies negativity because scrn hasn't.. Of course, every corp. does not buy back,, so, see how the brain works, people posted how a corp."could"// can" buy back,, well, no sh*t jack,, but that was not the question