The stock took a major dump today. Since it will cost more to borrow capital layoffs are imminent .
Please post any details you hear
The stock took a major dump today. Since it will cost more to borrow capital layoffs are imminent .
Please post any details you hear
@RBrvJig-6qwr Yes you are right. The purpose isn't so hidden. It designed to make EM and the Execs rich.
|| Share's outstanding have been declining for a few years, indicating they the are retiring the buyback shares
It is like giving company money to stock holders, more to the largest stock holder. Why all this outstanding decline started only after 2014? It's artificially increasing stock value than increasing value by developing good products, increasing customers value, making more profits, and taking care of hard working employees than layoffs. Buyback totally wrong direction and seems to have hidden purpose !!!!
5fsg --- This is misleading. Won't be surprised if this is coming from DH / Citrix
Increasing share holders value. Everyone know who is largest share holder and who is going
to benefit more from this.
whatever DH does is for EM and share holders. All of the ELT members are became puppets of EM and they are licking the shoes to get their Fat bonus packages . DH is CFO in CEO shoes whatever he does is just to show the account books clean and profitable.
Share's outstanding have been declining for a few years, indicating they the are retiring the buyback shares, http://www.macrotrends.net/stocks/charts/CTXS/shares-outstanding/citrix-sys-inc-shares-outstanding-history
DH plays multiple angles. He said at the company meeting that it makes sense to buy the stock as it is a good return on investment. Citrix could hold onto the stock and reissue it later to make a profit, like he said, but that would not be returning capital to stockholders like they say in the buyback announcement. They could also issue it to employees after buying it back but we know that they are not doing that, except for top execs. Large scale buying and holding would give the impression of interest in the stock as the volume would go up during the buyback but it would not improve the earning per share ratio, and savvy investors would no that it was the buyback that was pumping the volume.
Stock buybacks are so simple yet so misunderstood. With a stock buyback the company does not hold onto the shares. The shares are retired, destroyed, just like when old paper money is shredded. If the shares were not retired then the earning per share ratio would not change, only the open market float would be reduced. Stock buybacks are certainly a way to transfer money to the top execs, who have given themselves large stock allotments. Stock buybacks are taking money from the employees, product development, customer satisfaction, and acquisitions, and handing it to the top execs. It's an old trick and most investors see through it since the numbers have not improved by growing revenue but by reducing working capital.
This is one of the dumbest things I've ever read, and I've been on the internet a long time. Buybacks increase stock value by reducing the number of shares on the market. When forecasted earnings are the same that number divided by the number of outstanding shares increases (same numerator over smaller denominator).
This also creates general optimism in the market since it's a sign of good faith. The company holds onto more stock, which signals that the organization believes the value of that stock will go up and provide the organization with a good return.
If you work at Citrix and lack such a basic understanding that you believe the easily-refutable-nonsense mentioned on this board, then it'd likely benefit the company if you panicked and left.
And, $2 Billion stock buyback --->Way of transferring fast the company money to EM, ELT, and DH.
Suddenly more important task than any thing else.
https://www.zacks.com/stock/news/291527/citrix-to-buy-back-750m-as-part-of-capital-return-program?cid=CS-CNN-HL-291527
The stock is taking a steeper fall than the rest of the broader market. Seems the confidence in citrix as a company is lower than the broader market .
Layoffs to maintain that sacred 40 margin can only result in layoffs
You’re a troll