As I see it they can buyback 20% of shares outstanding. I get that they are cyclical and most think it’s at end of business cycle but any revenue decline, buybacks, would theoretically offset EPS loss. Am I missing something or will revenue decline really be that steep?
Disclosure: no positions held at this time.
Submitted September 11, 2018 at 03:02PM by john545455 https://ift.tt/2p0pHDC
