Post by
cymynym on Oct 25, 2017 12:01am
'Pure'ly passe
Isn't that managements job prior to making the NCIB announcement?
If the shares are so underpriced you surely intend to repurchase substantially more than a measly 1.3%.
Just like BDI repurchasing shares at $18.00 and no mention now when they really should be NCIBeing.
Or as AAR repurchasing at or near an apparent low yet in so small a block as to be negligible.
Stock buybacks happen at generally too high share prices with little or no consideration for the sacred stockholder.
This team cries NCIB indeterminately. So what should we assume?
Comment by
snewguy on Oct 26, 2017 3:21am
do you believe reducing the total number of shares is not benefitting shareholders?