RE:RE:RE:Buybacks vs LTD repayment or a teeny tiny dividendNo point in me debating the reasoning of executive share-based compensation; that's just the standard practice in North America, so doesn't matter whether I support it or not.
I'm saying a company should prioritize defending shareprice when shorts bring a valuation down to unreasonable levels (and may push it further if a company doesn't do buybacks), over spending that specific amount of money on debt, yes. Keep in mind Bomber doesn't need to do one or the other - they can and should do both: spend the bulk of net income on LT debt, while spending around $100M (1/5 of annual profit) on buybacks, which is what they're doing.
Letsmakemoredol wrote: Nordico, why do they need to? Just cut a check to the executives for fair market value and be done with it.
So you are saying buybacks and canceling shares are a bigger issue than paying back the long term debt? With BBD's debt and negative equity?