Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I've seen other Corporations do this 'buy back or buy up' program before.

Its an accounting thing for them. They'd rather have all stockholders having more than one share... But to answer your question, you can ignore it. You can hold what you have, neither selling nor buying, until you feel ready. They can't and wouldn't try to force you out... that's not why they're making this offer.

I got the same paperwork for my KEI shares. I'm holding. If I had the free cash, I'd buy through the DRiP, not through their 'offer.'

John (Long on KEI since WAY before the bubble, and the burst)
Print the post  


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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.