Saturday, February 18, 2012

What does Disney plan to buyback their own shares after purchasing Marvel?

In the last investor call hosted by Bank of America, the CFO Tom Staggs mentioned the company was going to buy back their shares. Why does that make sense for Disney?What does Disney plan to buyback their own shares after purchasing Marvel?
Nothing more than any other investor. They feel the shares are undervalued and can sell them later for a profit.

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