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Brown Cafe UPS Forum
UPS Partners
Redesigned mip
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<blockquote data-quote="air_upser" data-source="post: 51785"><p>I don't think the shares are bought on the open market....remember they are A shares. On the open market, they are B shares. Although with the price dropping after the award you would think that was the case....maybe just everyone selling. </p><p>A couple of years ago, there was a proxy item to allow the Board of Directors to change the percentage of profits that are distributed via MIP. Don't know if they have or kept the 15% number. Regardless, after taxes it's more like 5%.</p></blockquote><p></p>
[QUOTE="air_upser, post: 51785"] I don't think the shares are bought on the open market....remember they are A shares. On the open market, they are B shares. Although with the price dropping after the award you would think that was the case....maybe just everyone selling. A couple of years ago, there was a proxy item to allow the Board of Directors to change the percentage of profits that are distributed via MIP. Don't know if they have or kept the 15% number. Regardless, after taxes it's more like 5%. [/QUOTE]
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