Sharechat Logo

Forum Archive Index - October 2002

Please note usage of the Forum is subject to the Terms & Conditions.

 
Messages by Date [ Next by Date Previous by Date ]
Messages by Thread [ Next by Thread Previous by Thread ]
Post to the Forum [ New message Reply to this message ]
Printable version
 

Re: Re: [sharechat] A stocktake on STU


From: "terry weston" <tweston@sympatico.ca>
Date: Thu, 17 Oct 2002 14:07:57 -0400


<<<<<<<The annoying thing is they could obtain the same increase in ROE by
just paying the excess capital back to the shareholders in the form
of a special dividend.  So WHY DIDN'T THEY DO IT!>>>>>>>>>>
Hi Snoopy   I guess the obvious reason is that the special dividend  would be taxable to the shareholder.
Whereas a buyback returns capital in a cost/tax effective manner for the buy/hold shareholder.  The brokers would also make a little pocket money.

Replies

 
Messages by Date [ Next by Date: [sharechat] A stocktake on STU kentfamily
Previous by Date: [sharechat] Daily ShareChat News Summary The ShareChat Team ]
Messages by Thread [ Next by Thread: Re: [sharechat] A stocktake on STU tennyson@caverock.net.nz
Previous by Thread: Re: [sharechat] A stocktake on STU tennyson@caverock.net.nz ]
Post to the Forum [ New message Reply to this message ]