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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: E_K_S who wrote (42099)3/31/2011 4:27:48 PM
From: Mr.Gogo  Respond to of 78527
 
Armanino foods,

They have repurchased 1,000,000 shares plus about 300,000

businesswire.com

I also feel very comfortable to have a position in this Value stock. And a 6% dividend that might increase given the lower number of shares. What I don't understand is why they would use line of credit loan to repurchase shares??? This will incur future interest.

Thanks for posting about this company.

Georgi