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postyle

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Re: olddog967 post# 386055

Tuesday, 06/03/2014 6:00:20 PM

Tuesday, June 03, 2014 6:00:20 PM

Post# of 433029
Yes, he he did mention buybacks.

Merritt quoted: "...the company has been very aggressive historically in buying back shares, we've bought back 40% of the shares that were outstanding of the company, so over three quarters of a billion dollars...

We have a regular dividend, we've done special dividends... as we go forward with this deal in place you will probably see the company in the short term announce updates to its capital allocation policy. So there will be more coming on that."
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