In many companies, decisions about the level and timing of share repurchases are left mainly to the management. But given their importance, corporate directors should probably pay closer attention.
Capital allocation is a significant function for company directors. How much of the company’s profits gets reinvested in the business rather than distributed to shareholders through cash dividends or share repurchases is a critical decision companies must make. Boards of directors typically approve a dividend policy and precise amounts for each quarter: Everyone knows that cutting the dividend will result in a sharp decline in the share price.
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Everyone knows that exercise can improve your health. Exercise is a key part of managing your weight and maintaining healthy hearts, lungs, and other bodily systems. But did you know that exercise can make you more productive? The latest research shows that a regular exercise routine can make you happier, smarter, and more energetic.
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Whatever you think of his politics, you have to admit that Barack Obama has a very demanding schedule. The president’s typical day might include a ceremony celebrating Team USA’s Olympic athletes, meetings with his cabinet and military advisors, several speeches to campaign supporters, and phone calls with foreign leaders.
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