Zero Hedge
0
All posts from Zero Hedge
Zero Hedge in Zero Hedge,

When Buybacks Fail...

When the corporate buyback bonanza bursts. If the CFO loved it at $116, he'll love it at $84...

 

Monsanto spent $7.1 billion on buybacks in Fiscal 2014 at an average price of $115/share. MON stock is now $85, a -26% return

— zerohedge (@zerohedge)

Time to borrow some cheap money to fund more buybacks... Oh Wait!!

 

h/t @Moved_Average