CuriousBought in several weeks ago thinking it was a good buy considering the dividend payout
and relative safety of our big six banks. Then the announcement of a share buyback
comes out of the blue and BK moves up smartly. My question is why are they doing
it? Do they have extra cash lying around and secondly, is BK so undervalued that
mgmt feels its the best option for them at this time? Curious for some analysis from
those who might have a better handle on this split. Thanks
MS