We also make this recommendation knowing that there are multiple parties interested in the Company and given the board's commitment to
return value to shareholders by year end 2009 in the event that no strategic agreement is negotiated.»
I think they may want to grow the company (and thus their salaries) rather than «prettying up» the company for a potential suitor or
returning value to shareholders in the form of dividends or liquidation distributions.
An initial catalyst attracted my attention in September — in their Final Results they stated: `... The Board has decided to seek to accelerate the process of
returning value to shareholders through a review of the investment and realisation strategy and over the next twelve months steps will be taken to try and achieve this aim `.
This is evidenced by the Shiva termination, and the Board's recent statement that they ``... seek to accelerate the process
of returning value to shareholders through a review of the investment and realisation strategy and over the next twelve months steps will be taken to try and achieve this aim».
But I neglected to consider that not only is the cost to monetize the value of the rigs» value large, but more importantly the incentive for management to
return value to shareholders by scrapping the rigs was simply not there and therefore any analysis concerning scrap value was just that, scrap without the «s».
While it clearly is unable to match Huntington Bancshares and New York Community Bancorp in their ability to generate returns, one of the thoughts behind Synovus is that, as market conditions improve, so, too, will its ability to
return value to shareholders.
As the Company's largest shareholder, we are fighting to
return value to all shareholders, not just ourselves, and we feel a responsibility to do so.
Highland Capital expressed a strong belief that the only way to
return value to the shareholders is through liquidation of [NTII]'s assets.
Another way of
returning value to shareholders is to engage in share buybacks - company purchases / cancels shares.
I chose the company partly because I knew it had a long history of
returning value to shareholders.
And, like I mentioned, cyclical companies have oscillating cash flow, and buying back stock is just one way to
return value to shareholders.
Management and the media say
it returns value to shareholders; it is more tax efficient than dividends; it is an unambiguous «good».
Dividends are not the only form of
returning value to shareholders.
A dividend is one method of
returning value to shareholders, some companies pay richer dividends than others; some companies don't typically pay a dividend.
3) Kill risky, high - cost exploration and
return value to shareholders.
A corporation's ability to
return value to shareholders is influenced by, and in the long run depends upon, social license.