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HSN, Inc. Message Board

  • zone001 zone001 Sep 29, 2011 1:28 PM Flag

    This trader is really confused...

    I have been trading in and out of HSNI for years. It was just announced that HSNI will be paying its very first cash dividend of 12.5¢ in November. In addition, it will begin a program to buyback 10 million shares of common stock. Historically this usually increases the value of the stock. So why do we see the stock going lower?

 
HSNI
48.07+1.06(+2.25%)Jun 29 4:00 PMEDT