on that same note how about this for a savvy CEO - Let's say you want to do a share buyback. Great. Let's say you do the math and you think you can swing 20 million shares no prob. Great.
Well if you're thinking outside the box then you'll announce a 10 million share buy back - wait a few weeks - then announce "Increasing buyback by an additional 10 million shares... We believe our stock is sorely undervalued at these levels and therefore are increasing our buyback and will continue to aggressively buyback our shares until we achieve an equitable valuation of our assets and future potential."
Simple, creative, effective - two quality PRs for the price of one.
Now why not apply that same planning to the authorized shares as well? Purposely make it half a billion shares with the full intention of putting this out later: "Expo Holdings Reduces Its Authorized Shares by 450 million to increase shareholder value and confidence."
A simple PR that costs nothing but yet could mean a 5 cent increase to the stock price. Creative, out of the box thinking...that's all.
It is characteristic of wisdom not to do desperate things.
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