approved this morning
heh optimist...if they had given a one time special dividend of $1bn, say $1.70 a share...would u have plowed it back in?
Maybe management see this as a golden opportunity.
I don't understand? The shorts have been telling me that CTL didn't have enough FCF to do either one...let alone both! How can this be???
seems like a prudent thing to do..... IMHO
Is it more prudent to buy back stock than to reduce debt? Moody's didn't think so. I'm a bit cautious. Anyone can shed light on the wisdom of further buyback versus debt reduction?