Detail We Buy High and Sell Low   Oleh:  Cendrowski, Scott Jenis: Article from Bulletin/Magazine Dalam koleksi: Fortune vol. 164 no. 2 (Jul. 2011), page 25-26. Topik: Banking Industry; CitiBank; Stock Market; Government Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: FF16.46 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel That's what most companies do when they buy their own stock. But you can avoid the trap. In 2006 and 2007 timber giant Weyerhaeuser conducted one of the biggest share buybacks in its history. It unleashed $800 million to purchase its shares, which were dancing near an all-time high of $80. In 2009, with the stock at $30, the company spent a mere $2 million on its own stock. Similarly, semiconductor equipment maker MEMC Electronic Materials purchased $100 million of its shares near their peak of $90 in 2007. Today the shares are trading at $8, and MEMC shows no signs that it's buying. Then there's the ultimate horror story: Citigroup spent $31 billion last decade on its own stock, only to see it crash 97%. Citi then needed $45 billion in infusions from the government. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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