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Brown Cafe UPS Forum
UPS Union Issues
UPS to increase debt by $10 billion
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<blockquote data-quote="paidslave" data-source="post: 288796" data-attributes="member: 10762"><p>I think you have this confused tieguy.....The poster simply mentioned in lamens terms, instead of BORROWING more money to repay UPS management in STOCK to a few SELECT people......You may know a few, what he was saying, simply to enhance the contract in expectation of increased revenue. UPS has forcasts all the time for REVENUE and <strong>they do also know how much Management gets in STOCK</strong>. Looks like some one is gonna get lots of cash before it is claimed on ACTUAL revenue...<strong>10 billion dollars stock repurchase</strong> and they are borrowing for that? How can that be? Seems fishy to me! <strong> I wonder if the 10 Billion was handed out already? I wonder how the interest will get paid? </strong></p><p> </p><p><u>Did you get yours yet</u>? And we are <strong>borrowing for</strong> <strong>repurchase</strong>?...hmmmmm sounds like the package is going out the back door! </p><p> </p><p> Bet the drivers don't get 10 billion...........sorry for all the questions!.......</p></blockquote><p></p>
[QUOTE="paidslave, post: 288796, member: 10762"] I think you have this confused tieguy.....The poster simply mentioned in lamens terms, instead of BORROWING more money to repay UPS management in STOCK to a few SELECT people......You may know a few, what he was saying, simply to enhance the contract in expectation of increased revenue. UPS has forcasts all the time for REVENUE and [B]they do also know how much Management gets in STOCK[/B]. Looks like some one is gonna get lots of cash before it is claimed on ACTUAL revenue...[B]10 billion dollars stock repurchase[/B] and they are borrowing for that? How can that be? Seems fishy to me! [B] I wonder if the 10 Billion was handed out already? I wonder how the interest will get paid? [/B] [U]Did you get yours yet[/U]? And we are [B]borrowing for[/B] [B]repurchase[/B]?...hmmmmm sounds like the package is going out the back door! Bet the drivers don't get 10 billion...........sorry for all the questions!....... [/QUOTE]
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UPS to increase debt by $10 billion
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