01-01-2022, 08:49 PM
(This post was last modified: 01-01-2022, 08:49 PM by dreamybear.)
(01-01-2022, 07:36 PM)ghchua Wrote:(01-01-2022, 04:27 PM)dreamybear Wrote: Actually, why not declare a $0.136 per share dividend instead of buying back 10% at $1.36 ?
By buying back 10% at $1.36, they are effectively increasing their stake indirectly as they have indicated that they will not participating in this equal access scheme.
Declaring $0.136 per share dividend will not increase their stake in the company.
I understand but the context of my message is on shareholders' interest and returning capital to the shareholders. The mgmt could have undertaken other options, i.e. declare dividends or capital reduction.