RE:FFO says it all - based on Q3 Numbers - Its a Steal
FFO is also a good measure regarding the value of your share buybacks.
Essentiall for every dollar that VET spends in Share Buybacks it gett 100% of in back in two years in the form of (FFO) that drives a thesis for a compelling share buyback.
So if they buyback 160 million dollars of Vet stock in 2024, you would have increased funds flow on a pershare basis in 2025 of 80 million dollars or a bit over 51 cents a share more FFO.
Compelling Share Buyback.
IMHO
MHP