> > From: > "P. J. Alling" > Maybe Pentax is planning a private offer to Sparx at a the same or > higher price than Hoya. (Blackmail is such a dirty word). In corporate speak, it's called a poison pill ... taking on a load of debt or some such other action that makes the corporation less attractive as a buyout target. It's not intended to help the stock-holders, it's intended to help the current management hang onto their jobs.
> John Forbes wrote: > If they buy back more of their stock, Sparxx will be left with a > larger percentage of the total that remains. > > I doubt if that is what Pentax wants. > > John > > On Thu, 10 May 2007 11:15:17 +0100, Paul Stenquist > <[EMAIL PROTECTED]> wrote: > > Buying back your stock is seen as a healthy move by most long term > investors. And it generally results in an increase in share value. > Paul Stock buy-backs are often a tool of management to increase their own remuneration. While it can increase the value of the remaining stock, more importantly, it increases the value of management stock options. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net
