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US department store giant Macy's faces acquisition: Where to next?
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Ankur Tiwari joined discussion · Dec 11, 2023 16:07

Over the last 25 years Macy’s reported $21 billion in profit...

Over the last 25 years Macy’s reported $21 billion in profits. A quarter of those were distributed as dividends. Fully the remaining 75% of profit was spent repurchasing shares. At the $21 buyout offer the stock is no higher than 25 years ago!That’s $15 billion in bad buys.
Over the last 25 years Macy’s reported $21 billion in profits. A quarter of those were distributed as dividends. Fully the remaining 75% of profit was spent rep...
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    Ankur Tiwari
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