Sentences with phrase «buybacks at a discount to intrinsic value»

He says this can be OK, provided the company has (1) modest or no net debt, (2) persistent and rising levels of free cash flow, and (3) stock buybacks at a discount to intrinsic value.

Not exact matches

Obviously, share buybacks at a continued discount to NAV / intrinsic value would further enhance those values.

Buybacks should only be done when it is at a discount to the intrinsic value of the firm.

Of course, I have no idea what motivated TOT's actual share repurchase, but I don't need to — because I have my own Intrinsic Value for TOT, and / or other companies, I can quickly determine whether current or future share repurchases are at a discount to this Value and therefore attractive — in the case of TOT, based on current metrics, the more share buybacks the merrier!

Most importantly, buybacks at a significant discount (to any reasonable estimate of intrinsic value) are a v effective way to enhance shareholder value.

Of course, the real benefit here is the buyback of approximately 10 % of the company's outstanding shares at a far more substantial discount to intrinsic value.

This presents a real problem, if you don't at least venture to determine an Intrinsic Value for your stock, you have no way of figuring out if a share buyback is at a discount and adding true economic value for your shareholValue for your stock, you have no way of figuring out if a share buyback is at a discount and adding true economic value for your shareholvalue for your shareholders.

Even with a generous premium, a tender offer (and / or share buybacks) could be executed at a substantial discount to ZMNO's intrinsic value.

Yes, a buyback kills two birds with one stone — regardless of the estate situation, share repurchase at this kind of discount to underlying intrinsic value is a pretty compelling proposition.