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Citigroup Inc. Message Board

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  • bud_f0x bud_f0x Feb 4, 2011 12:08 AM Flag

    FOLKS, DEBT AND BUYBACKS......

    Absolutely true!
    Rates are so low, they can pay a very low coupon on bonds they issue!
    They'll use these funds to buyback stocks!
    The float will whittle down to 3 Billion shares!!!

    yessssssssssssssssssssssssssssssssssssssssssssssssssssss

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    • A little problem with your plan. WHO is going to buy low interest rate C bonds knowing they are using $ to buy back stock ???? + Bud be at least a little serious and don't say float "will whittle to 3 bil. shs." That means C BUYS BACK 25 BILLION SHS ???? At avg. price of lets say $10 , means outlay of $250 billion.
      $250 bil. at 4% a year means paying $10 bil a year in interest. NOT POSSIBLE !!!!

 
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