By initiating an active / systematic repurchase programme now — to ultimately result in a full utilization of TLI's credit facility, by 2015 — management can return capital & enhance NAV, while still
preserving financial flexibility.
Not exact matches
CEO Kotick said in a statement, «We should emerge even stronger — an independent company with a best - in - class franchise portfolio and the focus and
flexibility to drive long - term shareholder value and expand our leadership position as one of the world's most important entertainment companies... The transactions announced today will allow us to take advantage of attractive financing markets while still retaining more than US$ 3 billion cash on hand to
preserve financial stability.»
You need to
preserve your capital with the time in retirement to give you the
financial flexibility and confidence to live your life in a style to which you have become accustom.
On a micro level, this decision ensures that, at least in the case of contracts that do not expressly establish a lifetime retiree medical benefit for covered employees, employers will not be saddled with substantial
financial burdens they neither bargained for nor anticipated, and
preserves the
flexibility needed to bargain over such benefits going forward.
«In light of the company's various short - term obligations, our board of directors felt it prudent todiscontinue distributions on our common stock in order to
preserve cash resources and enhance the company's fiscal integrity and
financial flexibility,» says Abraham Rosenthal, CEO of Prime Retail.
Preserving your
flexibility can mean taking the time now to ready a specific
financial tool, such as a Roth individual retirement account.