RE:If someone has old investor reports take a look. Snowballer wrote: While it may not have been "promised" and to what degree, the previous investor reports definately said "combination" and even in the call transcripts they very much, imo, suggested divi combo was near term once hitting the debt to ebitda ratio of 1. something... think it was around $800M debt mark
I have each monthly going back to March. The phrase in the deck is identical. At 800 we'll consider additional steps for shareholder returns. They'd announced the buyback starting at 1.2 debt at that point. I also have November. It says between 2022 - 2025 we'll consider steps to enhance shareholder returns potentially including buybacks and dividends. They hadn't announced a buyback at that point