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Tuesday Morning Corporation Message Board

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  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Jan 28, 2009 12:59 PM Flag

    Board of Directors MUST buy back stock.

     

    I disagree on one point. The company should not rush in like the cavalry driving the share price up with purchases.

    It should buy shares at the bid and as cheaply as possible with as little fanfare as possible. That does the most good for the shareholders who want to reap the ultimate benefits of ownership (dividends), not just to flip shares for a quick buck.

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