People dislike share buybacks because they often feel as though there are more productive uses for the company’s cash or they would prefer their capital back in the form of a dividend. This is an argument that is open to debate as their are proponents on either side (cash payouts versus shrinking the float) with…
Dilution
TGIF Market Recap: Salute Your Dilution
[youtube=http://www.youtube.com/watch?v=kov83AXN1Xs] The Reformed Broker, AKA Professor Plum, here with today’s Market Recap… Today’s won’t be a legit recap as I am out of the office early today on a secret Golfing assignment. The big news today was the post-stress test avalanche of secondary offerings from the banks. Shareholders can Salute their Dilution while jamming…