As this is an option now... Could you share the thinking behind this decision?
6 replies (most recent on top)
this aged poorly
Genius move, TD..... let’s fund buyback from AIP pool. 2 birds with one stone. Bwahahaha
Not even sure they have formally announced it yet, let alone what the funded pool will even be. Given Merits are deferred until June, and only Sr. Managers and lower are getting this years reduced annual raise, I'd expect AIP to be fairly poor. Of course, they won't disclose that Directors and higher are now getting equity awards...nice cloak and dagger move SM.
Even if I wanted to buy TDC, why would I have Teradata do it for me? Give me my AIP, and I'll invest it myself. We getting into the brokerage biz now? This offer makes no sense.
Other things that don't make sense:
1) Stock is up 38% since Nov on no news
2) Institutional ownership is over 100% (Per TD Ameritrade)
3) 20% of investors are short.
Only a mo–n would take anything but cash from this terminal outfit. Take all you can get and then jump when the faucet shuts off.
equity in what? this old junkyard!?!? I stopped my stock purchase years ago even though we get it %15 below market value. I determined that I could invest my own money better than they could be trusted to run a company. Look at their revenue trend and customer base over the last 10years. Why would anyone want to trust their investment in that trend?
And that cash AIP