FMG 1.56% $18.27 fortescue ltd

Companies don't use BB to hold up share prices, it's only when...

  1. 445 Posts.
    lightbulb Created with Sketch. 54
    Companies don't use BB to hold up share prices, it's only when share prices are sufficiently low then they would consider BB, because it lowers the cost of the funding to the company. I like companies doing BBs because it means they are actually managing their capital well, and more money to share amongst shareholders who held on in the longer term.
 
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