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Cooper Tire & Rubber Co. Message Board

brianruschel 1 post  |  Last Activity: Jul 26, 2014 6:48 AM Member since: Oct 21, 2013
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  • brianruschel by brianruschel Jul 26, 2014 6:48 AM Flag

    In the question-and-answer part of the recent earnings call, management was asked several time what they're going to do with cash flow, and it was clear that they intend to make more "strategic acquisitions" "but we're not going to do something stupid." In an earlier call a few quarters ago, someone from Heartland basically told management that their past acquisitions have done nothing and to do a big share buyback instead. So apparently people expect a lot of cash flow to be spent on buying more companies (the call even made it seem some are imminent, and soon) and analysts, etc. hate that and want the money paid to shareholders instead.

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