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People's United Financial Inc. Message Board

  • serpentine290 serpentine290 May 29, 2014 6:47 AM Flag

    Now that all the money has been spent................

    During the last several years, pbct management has used the cash raised from a secondary offering to pay the unsustainable dividends. During the last quarter, Barnes used most of the remaining cash to buy back shares. The next few quarters will be interesting as the last of the cash is exhausted.