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Assurant Inc. Message Board

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  • joshhill1978 joshhill1978 Feb 4, 2010 7:50 PM Flag

    Why is AIZ not plunging???

    They can go ass long as they would like. They will be repurchasing nearly 20% of the company over the next 2-3 years. In addition, they will be generating FCF which will allow them to repurchase additional stock or increase dividends. With the stock at .8 BV I would prefer they keep buying stock. It is very beneficial for remaining shareholders.

 
AIZ
83.75-2.76(-3.19%)Jul 27 4:02 PMEDT