Jul. 15 at 3:11 PM
$RICK Next 6 months should see buybacks essentially paying off all the 700,000 shrs issued for the last big deals. W/ave price of ~
$46 a shr buy back price vs the
$65.71 blended issuance this works out to
$700K in savings per point below this number, lowering the multiple they originally paid. ~
$13.8 mill in savings.