Buyback blowback

June 24, 2015 2:35

Dr Mumbo did enjoy the Alex cartoon in today’s Australian Financial Review.

Alex cartoon buybacks AFR

The cynical merchant banker has something of a low opinion of organisations that indulge in share buybacks.

Brave of the AFR to publish it, what with owner Fairfax currently indulging in its own buyback, much, apparently, to the surprise of the market.

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Topics

AFR Alex Australian Financial Review Fairfax Media FXJ

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