01-29-2016, 10:11 AM
(01-29-2016, 09:48 AM)MidTowner Wrote: Apple's at $94, it's long past time for a split, might as well do a three way split...I don't follow Apple so I didn't realize their shares broke through $100--and not in a good way. I missed the stock split for the same reason.
Anyway, Bombardier could do a share consolidation. Maybe a buyback would be a good idea; I bet they actually do have some cash.
As for a BBD buyback, that really wouldn't accomplish much. Control would remain with the class-A shares in any case. Yes they have the money but it would be wasted on a buyback when they need it to get the C-series fleet in the air. And what they need even more is a huge rise in oil prices to give airlines a reason (fuel economy) to buy into that fleet.