- FISERV INC (FISV) - BOARD HAS AUTHORIZED IT TO REPURCHASE 75 MILLION SHARES OF COMPANY'S COMMON STOCK
Another gift to the board and its institutional investors while clients and associates eat cake. Good to be king.
10 replies (most recent on top)
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No one gives a flying tu-d about fuel
Who wants to be an RSU owner in this dump?
Instead of buybacks, they just could have paid you cash bonuses.
Stock buy backs help all of us RSU owners out
Shares will still be diluted after Frank gets his bonus.
at today's price that is about $8.6 billion, and next month employees will get their well below industry annual 1-2% raise.
Should be a good indicator that your shares should be some of the 75 million the company repurchases.
No announcement on fuel
Trying to inflate the stock price. Doubt it works. At least not long term.
Stock buy backs are such a terrible short term solution. Execs hit their numbers to pump a bit but it rarely holds. You know where wet could have used that, employees.