They are using data and connectivity as weapons in their businesses and are
returning value to shareholders with both clean - and tech - enabled solutions.
Not exact matches
In a note, analyst Michael Senno wrote that «as an owner of sports cable networks and teams, we believe that MSG is well positioned
to capitalize on the increasing
value of premium sports content, which should result in AOCF and free cash flow growth above its peers and, combined
with incremental leverage, lead
to solid
shareholder returns.»
These costs include bankers» and lawyers» fees, the risk of class - action litigation, the need
to reveal commercially sensitive information that could benefit rivals, and the prospect of fights
with corporate raiders who want juicier
returns for
shareholders and social activists who want executives
to pay heed
to their
values.
While studies show that mergers and acquisitions as a group are
value neutral or negative for
shareholders (on average the selling company gets all the excess
returns), The Outsiders explored how some management teams focused on driving
shareholder value with their M&A rather than simply using it as a mechanism
to get bigger, have shown extraordinary success.
Instead of being a market timer, I'm a buy - and - sell investor,
with a focus on
valuing individual stocks.Find stocks that lie within your circle of competence, analyze them as
to whether they meet your qualitative criteria (such as competitive advantage, strong balance sheet, high
return on capital,
shareholder - friendly management.
Back in the mid-90's, ROIC - based models such as Economic
Value Added (EVA) and Cash Flow
Return On Investment (CFROI) were all the rage,
with corporate giants such as Coca - Cola (KO), AT&T (T), and Procter & Gamble (PG) linking them
to executive compensation and highlighting them in communications
with shareholders.
«
With the help of our outside advisors, we will carefully consider this expressed interest in a cash
return, within the process of evaluating a range of alternatives, understanding that our goal is, as always,
to provide enhanced
value to all of our
shareholders.»
Otherwise, the company retains the fire - power
to repeat the exercise (
with another tender offer, and / or open market buybacks), and create /
return even more
value to shareholders.
If a security is a stream of cash flows,
returning those flows
to shareholders over time (dividends, buybacks) will drive the stock price and help it trade (up presumably)
with intrinsic
value.
«Continuing under Brian's executive leadership,
with support from the entire Concert team, I am confident the company will continue
to be highly successful, grow and provide solid
returns to our
shareholders — all while protecting Concert's ethics,
values and reputation for integrity and excellence.»