MYX 2.49% $4.70 mayne pharma group limited

Ann: Mayne Pharma CEO announces plan to retire, page-51

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  1. 1,397 Posts.
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    Share buyback would work some. Richards
    treated numbers of shares like manna from
    heaven. At least that has stopped last couple
    of years. $100,000,000 @40 cents would
    reduce total to 1.5b shares approximately.
    would be money well spent though. Shareholders
    wish special dividend would see an immediate
    capital gain. They could then sell some. Should
    dividend be too large holders will suffer later.
 
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