Your right, but their announced buy back will take all the earnings for the period. I hope like hell they don't use debt. the stock buy back program is designed to prop up the stock price to relieve pressure from the speeding of Teva offer. Coury knows the indians are #$%$ at their chief.
During company news release about Perrigo failed tender offer. Talked about removing stitching, improving corporate governance and changing how directors are named. Coury and Heather make glorious and colorful statements about the future. To little to late. VOTE THEM OUT!
To reduce long term debt and restart dividends. Management needs to think about shareholder value. mylan management has spent big bucks playing with stockholder money that had much better use than being thrown down a rabbit hole. Try building a balance sheet that looks like a fort.
Or do you think management can read. I hope they can read and understand they are not looked upon in a favorable light. Dang it do something for shareholders.
According to yahoo finance insiders controll less than 1 percent of mylan shares, Institutions hold 93 percent. How can institutions be happy! Throw this bad bunch of managers out!
I am a shareholder and have been since 1990. Look at the long term chart and try to conclude that this company is well managed. Look at salaries and poor management decisions and lack of corporate governance and all I can conclude is they don't care about shareholder value, they only care about the protection of their piggy bank. I guess I am stupid but I will hang around until the shareholder revolt occurs.
If this is such a good value one would think that the company would be buying back its own stock. but it won't occur because this group will not do anything to improve shareholder value.
I have held this stock since 1990, what a fool I am. Long term shareholders have not even stayed up with inflation. Hillary or no Hillary Coury needs to have some concern for the loyal stockholders. Coury and Heather have treated this company as their private piggy bank. this shareholder wants results, not excuses. If they had any concern for shareholders they would resign for lack of getting results.