Applebee's Neighborhood Grill & Bar (APPB) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Applebee's Neighborhood Grill & Bar (APPB)

APPB 0.000200

+100.0%

Mar 6 3:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Phil Abel who wrote (16)	12/23/1997 8:18:00 AM
From: Holger Johannsen	Read Replies (1) of 71

To all: This does not look good: biz.yahoo.com Earnings for 1997 and 1998 are revised downward and Apple South exiting the Applebee's system. Share buyback will be increased but APPB has to borrow money for this? Do I understand this correctly? The company's board of directors has authorized an open market share repurchase program of up to an aggregate of $15 million. Under the program, the company may, from time to time purchase shares of its common stock, subject to market conditions. In addition, in conjunction with the financing of the acquisition of the Virginia restaurants, the company plans to borrow an additional $35 million to be available for further share repurchases in the future. What kind of strategy is this? Holger

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next