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AutoZone, Inc. Message Board

  • billberggren billberggren Apr 30, 2010 3:18 AM Flag

    Share Buybacks And Human Resources

    I read this article in the news. What an ass. If the employee wants a raise tell him to put 10% of his salary in the stock. He if does not like his salary, ask for a raise. If the boss says no quit or leave. The owners determine the employees salary, not the other way around. Start your own auto parts store.

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    • I know the truth hurts, I think the article was talking about how a CO. is willing to spend and borrow to scam a stock price instead of spending one penny on store conditions or benefits or training or job fairs or maybe even drug testing. $135 million a year on interest not one penny towards the employees or maintenance etc.but you are right if you can't beat them join them.

    • Also the guy says to give a dividend. He does not realize a buyback is the same as a dividend reinvestment but less taxes.

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