Public Company Share Repurchase-Cannibals

[Saluki]

I wonder if you can consider adding something to the list of cannibals if they have a big authorization but haven't bought back a lot of stock yet.  Both Olin and Anterix have buybacks authorized for half of their market cap, but you need money to carry that out. 

[Xerxes]

On 2/1/2025 at 7:28 PM, Sweet said:

Nice article - thanks.

 

I do think there are some differences, NVR managed to be capital light, but GM is not.  GM is not getting a large return on invested capital.

 

Do you own GM?  What do you like about apart from the obvious - the obvious being low multiple and potential for continued buy backs?

sorry for late reply. 
I was busy doing my civic duties on the tariff thread. 
 

on GM. I own it. Originally based on the fact that they were selling off and shrinks their global footprint and their investment in developing EV platform, in contrast to Ford. 
 

of course the thesis probably changed with the new administration. 

[Xerxes]

On 2/1/2025 at 7:41 PM, Eng12345 said:

 

The above is what has struck my interest in MGM recently. I have taken a small positon as I get comfortable with it. 

IAC

[KPO]

31 minutes ago, Xerxes said:

IAC

Exactly why I’ve been buying in recent days. 

[Sweet]

1 hour ago, Xerxes said:

sorry for late reply. 
I was busy doing my civic duties on the tariff thread. 
 

on GM. I own it. Originally based on the fact that they were selling off and shrinks their global footprint and their investment in developing EV platform, in contrast to Ford. 
 

of course the thesis probably changed with the new administration. 

You don’t owe me a reply so don’t worry, but thanks for replying  

[KPO]

TOL has repurchased ~50% in the last decade while maintaining a strong balance sheet and not starving the business.