Apr
10
TLC Vision to repurchase up to $125 million of common stock
Posted by Administrator under TLC Vision
TLC Vision (Nasdaq: TLCV) announced board approval to buy back approximately 30% of shares outstanding. The 35 day program is expected to commence in early May.
###
PAYOUT YIELD ANALYSIS
If the company completes the $125 million program and with 69 million shares outstanding, the repurchase program will result in a Total Payout of $1.81 over the next 4 quarters. At $6 per share, the Total Payout Yield is projected to be 30.1%.
- Payout Yield Staff
Leave a Reply
You must be logged in to post a comment.