Why Acme United’s Stock Buyback Is Better Than An Extra Dividend
As expected, it was a quiet Thanksgiving news week. Acme United (ACU – $9.84) announced that its Board of Directors approved a new stock repurchase program of up to 200,000 common shares. With slightly over 3 million shares outstanding at the moment, this means that over 6.5% of all shares can potentially be retired. Of course, we’re not sure they […]
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