Marvel Continues Stock Buyback

According to information in their new press release, Marvel has devoted another $150 million to a buyback plan, and shareholder Ike Perlmutter has agreed to lay off selling any of his stock until through the extension period. Of all the reasons to do this kind of thing, I would have to imagine the most benign -- simple "reinvestment" in the company based on the confidence in future profits of of those running it -- has at least some significant influence. I'm not sure how Marvel is buying its shares, though, and then something like Alan Fine's share sales comes along and I'm not sure what to make of that, either. Looks like I have homework to do -- if anyone wants to informally tutor me via an e-mail or two, please .(JavaScript must be enabled to view this email address).
 
posted 10:22 am PST | Permalink
 

---

 
Daily Blog Archives
November 2019
October 2019
September 2019
August 2019
July 2019
 
Full Archives