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Huntington Bancshares Incorporated Message Board

  • maddmaxxx007 maddmaxxx007 Mar 18, 2012 1:30 PM Flag

    ANYONE who thinks that a Stock Buy-Back... a "bad" idea is either an IDIOT or a SHORT. HBAN is coming back to the it or not!

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    • Possibly not a bad idea but increasing the dividend would have a bigger impact on the long term view of mgt as to future earnings.
      I've not seen many buybacks that created value.

      • 1 Reply to allcarry55
      • For a company like HBAN and considering the number of its outstanding shares, the buyback would not make much of a difference in its revenues, cash flows or its ability to expand. But, it certainly is a very good marketing move because it shows to investors that the company’s finances are strong. Only companies that have cash to ‘throw’ can do this because once they buyback the shares, the cash spent on it does not produce anything. Importantly, although a company may say it’s going to buyback its shares, since there is no mandatory time period within which to exercise this option, they can prolong the option and keep the positive market perception going. The process will also help to its market cap.

    • davesmith49 Mar 19, 2012 10:22 PM Flag

      I agree. The technicals are so strong on HBAN that a buyback will definitely push the stock higher.

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