ASR share-price reactions lack financial resilience in case ...

Moomoo AI Dec 12, 2023 18:44

ASR share-price reactions lack financial resilience in case of cash emergencies. GM's balance sheet strength might falter if the economy collapses. RTX's borrowed buyback funding resulted in Moody's and S&P slashing their debt outlooks to negative. The inflexibility of ASRs might put GM and RTX execs in hot water if 2024 presents unforeseen challenges.

An Aggressive Style of Share Buyback Is Having a Moment -- Heard on the Street -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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