Although buy backs is not my favourite thing for a company I own to do, an article in the Daily Buy and Sell Adviser talks about 7 reasons you profit from share buybacks. The article is here.
I would rather that company be a dividend growth company than do Buy Backs. I think that mostly companies do not buy back at the opportune time when stock prices are low. This cannot be a good thing for shareholder. Also doing Buy Backs can artificially raise EPS and CFPS. That is implying growth when it is not there. This is not good either.
That said, it is worthwhile always to take a look at what people are staying about a subject, especially if they have a different point of view.
On my other blog I wrote yesterday about Algonquin Power & Utilities Corp (TSX-AQN, OTC- AQUNF)... learn more. Tomorrow, I will write about CI Financial Corp (TSX-CIX, OTC- CIFAF)... learn more on Friday, July 17, 2016 date around 5 pm.
This blog is meant for educational purposes only, and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
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