A2M 1.05% $7.22 the a2 milk company limited

That's fair enough. A2 is lucky enough to have excess cash -...

  1. 2,791 Posts.
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    That's fair enough. A2 is lucky enough to have excess cash - which isn't necessarily a reflection on its growth plans. But I think they don't want to fix themselves to giving dividends, whereas a buyback is more of a one-off type of capital mgmt strategy. They could do a special dividend I suppose, but a bb does reward long-term holders.
 
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