From the shareholder's perspective, the company buying back some of its shares is much the same as simply paying a dividend, except for one main difference. Having a shareholder with a stake larger than the CEO's ownership interest is associated with CEO pay that's more performance sensitive [] [] [] and lower by an average of 5 percent. Statements contained in this Prospectus as to the contents of any contract or any contract or other document referred to are not necessarily complete, and in each instance reference is made to the copy of such contract or other document filed as an exhibit to the Registration Statement, each such statement being qualified in all respect by such reference...
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