Groupon Shareholder Nick Nemeth Urges Board For Faster Buybacks, $120M Cash Target And 10b5-1 Plan
Groupon, Inc. (NASDAQ:GRPN) shareholder Nick Nemeth today publicly called on the Board and management to accelerate share repurchases, adopt a $120 million operating cash-balance goal and establish a Rule 10b5-1 plan
A big Groupon shareholder wants the company to buy back more of its own stock. He thinks this shows confidence and could help remaining shareholders own a bigger piece.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.