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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (59133)7/10/2019 5:33:53 AM
From: Goose94Read Replies (1) of 203397
 
Teck Resources (TECK.B-T) The Successful Investor BUY

It recently completed a $400-million buyback of its Class B subordinate shares, and now plans to buy back another $600-million worth of such shares by October, 2019. To put those numbers in context, Teck's current market cap is $16.6-billion. The Investor generally approves of share buybacks, as they improve per-share metrics (such as earnings per share) while giving the remaining shareholders a larger stake in the company. Teck remains a buy.
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