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,,,at what LE thinks is market,,,not really,,,,,so he can...

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Allirog2

168 Posts.

02/08/23

22:54

Post #: 69125197
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Originally posted by Truthspeaker: ↑

Laurence is probably just back at his desk after an overdose of F1.

Given that there is a break in the F1 calendar until the Dutch GP on 27 August and based upon last year's timing, next week at the earliest.

There is sufficient cash to do $100m on market buyback, a dividend payout ratio of 80%, and still be left with a similar cash holding at 30 June 2024.

All those in favour of on market buybacks put up your hands!

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,,,at what LE thinks is market,,,not really,,

,,,so he can increase his % hold again,,,maybe not,,,,

,,at a MUCH higher price,,,,,mmmm,,,sure!

Any takes on possible dividend this time around?? (cents??)
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