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Vodafone Group Public Limited Company Message Board

  • smalls_62 smalls_62 Sep 2, 2013 2:46 PM Flag

    So proceeds going to shareholder? Where is balance of $ destination?

    About enough to extinguish debt and sell the stub to T. If they are dumping the bulk of money to shareholders then it is apparent to me they aren't going on a growth plan. They are positioning for sale to T. Hold on.

    Sentiment: Strong Buy

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    • Per CNBC...The majority, or 71 percent, of the deal's proceeds, however, will be handed back to shareholders. The company plans to return $84 billion in cash and shares to shareholders. That is $84B.

      Per CNBC...The balance, will be invested in infrastructure in existing markets to expand 4G and broadband. But even the spending 21 percent is large enough to strengthen the company and to allow us to accelerate our strategy," Colao said.

      Wow!!!!!!!!!!. Stockholder bonanza.

      Sentiment: Hold

    • Actually I was thinking the same thing since they are giving the shareholders so much. They cannot use it if they plan on letting T purchase them and they certainly cannot give cash and stock to T. Looks like stud time will be coming to Betting My Bundle.

      Sentiment: Strong Buy

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