Buyback $4b right. Good luck in this environment keeping up with the dividend yield. People are dumping everything. Especially companies with huge debt...and do you know who has the most in the history of the world.....?
2 replies (most recent on top)
Just issue more preferred shares to buy back the common shares. All this talk about expiring the debt issued for the TW purchase is nothing more than moving the debt from one credit line to the other in the form of outstanding shares. The net debt doesn't really change.
But I guess it makes a good headline.
All that debt and the dividend still increased. And the buyback is going to be better with the lower stock price. Wow Randall.