Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: insdude One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 422  
Subject: Wesco Buyback Date: 1/14/2010 9:13 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
At what point does a company decide to purchase its shares. Market price is slightly above book value $360 MP versus $353 price. Elizabeth Caspers Peters seems to be consitantly selling 500 shares every 6 months or so. Wouldn't it make sense to offer to buy shares and take the company private and eliminate Wesco's cost to be a public company? Also, even if not taken private couldn't Wesco arrange to buy Elizabeth Caspers Peters shares when she decides to sell, thereby decreasing outstanding share count.

Cross posting to Berkshire board
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement