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Vertex Pharmaceuticals Incorporated Message Board

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  • swhitemd50 swhitemd50 Nov 9, 2011 2:44 PM Flag

    Share buyback?

    I agree most acquisitions do not create long term shareholder value but I bet it could make the share price increase in the short term (by paying off the opinion makers.)

    Listening to todays conference, I think Ian Smith actually did a good job presenting Vertex's position and strategy. When he spoke of possible share buybacks in the future, he seemed to be indicating that it made sense if the company's shares continue to be undervalued. He also stated that Vertex management thinks the analysts covering the hep C drugs have been jumping to conclusions too quickly.

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