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05-04-2013, 07:45 PM
i think the more pertinent questions to ask are:
1) why the share buyback? is management trying to signal that the shares are undervalued or trading at a significant discount to true value?
2) why is management using cash to buy back shares i/o putting cash to better use?
1) why the share buyback? is management trying to signal that the shares are undervalued or trading at a significant discount to true value?
2) why is management using cash to buy back shares i/o putting cash to better use?