Forcing listed companies to buy back shares?
Indeed, there are several listed companies that are shocked by Andy Smith's simple and crude behavior, and the barbarian act of threatening to enter the board of directors. In order to avoid being lured into the house, they can only use the company's prepared winter cash to buy back shares, trying to keep Andy Smith, a barbarian, out of the door.
Amazon, Walmart and other listed companies whose market value is seriously undervalued are forced to start the stock repurchase plan in advance.
"According to the report sent back by our reporter, Citigroup chairman Pandit said at the press conference that Citigroup is expected to have long lost profits in the first quarter.
Financial experts think. The huge increase of Citigroup's performance is likely to become an important turning point for the US stock market and even the US economy. The self-healing ability of its financial system will support the US economy to reach the bottom in the middle of this year.
After the announcement of the news, the mediocre financial stocks among today's strong rebounding U.S. stocks began to rise
On the long table of the restaurant, Ivana looks back at the TV that is broadcasting financial news. Then she looks back at Andy who is eating a delicious lunch and puts the peeled shrimp on his plate.
"Thank you, honey. You can have it."
Hearing Andy's push, Ivana put the shrimp on his plate with a smile. She said in a soft voice, "I'm peeling. You eat first. You're full of money. Buy Nai powder for your baby."
After that, Ivana herself didn't stop laughing and giggled, while Andy couldn't help but put the shrimp into his mouth, chewed it and shook his head. The smiling faces of several maids standing by became a little strange, and the corners of their mouths twitched a few times. At this time, they may have 10000 beasts running through their minds...
Now people in the United States and around the world know that the young man eating lunch in front of him has stirred up the whole situation in the United States. The U.S. stock market has started to turn green in an all-round way, and the major indexes have changed from falling to bottoming and rebounding.
$11 billion!
How long does it take to spend so much money?
Think about all the exciting things!
Andy Smith, spent more than two hours in the morning, gave all the curious people in the world an answer!
Crazy!
This is Andy Smith's private wealth. No matter whether the stock market is up or down, or whether it is profit or loss, it can be called the first big bet in the new century!
However, those who really know something about it know that this is just the amount of funds announced by Andy, as well as the cost of long stock index futures, funds used for hedging, and the purchase of preferred shares of several listed companies. This time, Andy has actually spent more than $20 billion.
Ivana, who witnessed the whole process, was also shocked by her own men '.
“。。。 A number of us listed companies have just announced share buyback plans. Amazon claims to buy back about $2 billion of shares, replacing the $1 billion buyback plan approved in December last year, and the plan will take place at an opportunistic time without a fixed deadline. FedEx said it would buy back 10% of its shares in the outflow, totaling 25 million shares
"Honey, it seems that your plan has been successful." Hearing the news broadcast on TV, Ivana's smile on her face became more and more brilliant and charming. She looked at Andy's beautiful eyes, which were twinkling with infatuated little stars.
"No way, a large number of liquidity has entered the bond market. If I want to promote the rebound of American stocks, I really don't have enough power to see. And those small investors have been suffering from the panic of the crash. Even if some people choose to believe me, the promotion effect is limited.
Only by finding a way to leverage these listed companies to use their own funds for stock buybacks can we support the rise of US stocks.
When the rebound trend of US stocks is clear, those hesitant investors will rush into the market and form herding effect, then US stocks will continue to be pushed higher.
The loss of the money I'm putting in now will only earn back tens of hundreds of times. The executives of listed companies who hold their own shares and stock options will not miss this opportunity. "
Andy smiled at Ivana's brief introduction.
The downturn coincided with the end of the year when many companies granted equity to executives. As a result, the exercise price of options is very low. Low prices have also prompted some companies' boards to grant more options and shares than they normally would.
That is to say, in the United States, for more than half of the executives of listed companies, the large amount of equity acquired at a low price at the end of 2008 and the beginning of 2009 has become a "lottery" for them.
These stocks and options were tangled up before, and they won't be able to make profits until the end of the year. Now, American stocks begin to rebound, and the stocks of companies that have plummeted have finally started to rise. For them, there is no doubt that the lottery has changed the check, and the shareholders of companies that have lost money naturally hope that the stocks they hold will rebound back to the price in 2006, so for the stock buyback proposed by these executives With the spring tide of American stock rebound, it is undoubtedly a very simple thing to make the company's share price soar.However, what Andy, the curtain opener, didn't expect is that the crazy is still behind...
"Boss, so far, 368 listed companies have announced their share buyback plans.
A large number of Listed Companies in the United States carry out share buybacks due to pressure from rights safeguarding shareholders, the linkage between executive compensation and earnings per share and stock price, which can be improved by share buybacks, the increasing global competition and the fear that long-term investment in products and services may not be rewarded. "
After lunch, Andy continued to sit back in front of the computer monitor in his study, watching the real-time picture of the New York headquarters, listening to the latest news and various analysis conclusions that the think tank gave him at any time.
, well, the general trend of rebound has been reached. If there is no negative economic news, the trend of stock market rebound will not be awesome. We should do it almost. The next step is to see whether the White House and the Fed can give it the strength to take advantage of this opportunity to thoroughly dilute the panic of the people.
Andy doesn't really think that he alone can control the stock market's rise and fall. In recent years, he may have learned other things well, but in the aspect of taking advantage of the situation, he has played very well.
As a super rich man with a strong background, if he doesn't have the power to borrow, he will really become the stupid son of the landlord family?
Thinking of diluting the panic of investors, Andy pondered, picked up his cell phone again, went to the window, opened his fingers and raised them to block the sun in the sky, and took a picture with his cell phone.
Looking at the photo, the sun through the fingers, Andy sent it directly to INS, and left a sentence with the corner of his mouth raised.
"I believe that the friends who keep up with the rhythm are now full of pots and pans, and those who don't, don't regret it, because it's just the beginning, right, just the beginning!"
After updating this INS, Andy immediately updated another one, this time only language.
"Wait for the fog to go away. After the rain, the sun will shine more brightly."