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Southwest Capitulates To Wall Street: Selling Planes And Loading Up On Debt For Stock Buybacks
Elliott said from the beginning that they were interested in Southwest's "Unlevered Balance Sheet." They saw a company that could load up on debt. That can fund share buy backs. Now here's Southwest Airlines CEO Bob Jordan during the airline's earnings call last week. Continue reading Southwest Capitulates To Wall Street: Selling Planes And Loading Up On Debt For Stock Buybacks...
Elliott said from the beginning that they were interested in Southwest’s “Unlevered Balance Sheet.” They saw a company that could load up on debt. That can fund share buy backs.
Now here’s Southwest Airlines CEO Bob Jordan during the airline’s earnings call last week.
Continue reading Southwest Capitulates To Wall Street: Selling Planes And Loading Up On Debt For Stock Buybacks…
