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Re: detearing post# 3834

Sunday, 01/05/2014 12:46:50 PM

Sunday, January 05, 2014 12:46:50 PM

Post# of 3894
Now that GGP is cash flow positive again, I'd like to see them start to buy back some shares and warrants to bring the outstanding count down a bit. If I was in management, I would push for targeting the shares held by Brookfield to lower their percentage of holdings. A buyback would also allow them to juice up the dividend percentage down the road too, if all other influences remain constant. I see the high current share count as one of GGP's strongest headwinds to share price appreciation and dividend growth moving forward.
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