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UPS dumping cash one year from contract: $5 Billion Share Repurchase Program
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<blockquote data-quote="35years" data-source="post: 5369207" data-attributes="member: 60822"><p>Let's see $5 Billion stock repurchase, $1 Billion Bomi Group acquisition...$6 Billion dumped in one week. That translates into $3 an hour less for 3 full years, for all full timers.</p><p></p><p>Add that to increasing the dividend by 50% this year and huge MIP for managers...No money for us at contract time.</p><p></p><p></p><p>[URL unfurl="true"]https://about.ups.com/us/en/newsroom/press-releases/financials/ups-announces-quarterly-dividend-and--5-billion-share-repurchase.html[/URL]</p></blockquote><p></p>
[QUOTE="35years, post: 5369207, member: 60822"] Let's see $5 Billion stock repurchase, $1 Billion Bomi Group acquisition...$6 Billion dumped in one week. That translates into $3 an hour less for 3 full years, for all full timers. Add that to increasing the dividend by 50% this year and huge MIP for managers...No money for us at contract time. [URL unfurl="true"]https://about.ups.com/us/en/newsroom/press-releases/financials/ups-announces-quarterly-dividend-and--5-billion-share-repurchase.html[/URL] [/QUOTE]
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UPS dumping cash one year from contract: $5 Billion Share Repurchase Program
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