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BCE Inc. Message Board

  • meindlbiz meindlbiz Jan 19, 2009 3:59 PM Flag

    BCE Share Buyback

    I like this program to buyback up to 5% of outstanding shares. One reason is it helps support the share price - although with BCE's fat dividend yield this is probably not really necessary. More important is that a 5% share buyback effectively increases the earnings by 5% even if actual earnings don't increase. Warren Buffett is a big believer in share buybacks for that reason. I think if George Cope continues to streamline and focus BCE on profitable areas while carrying out an annual share buyback program the BCE share price will really rock over the next few years.

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