Share Buyback Mechanics: Shares Retired and EPS Accretion
This lesson is part of the course
In this lesson
You model Halvern's USD 300m buyback: shares retired, the interest income given up, EPS before and after, and the share price at which the buyback stops being accretive.
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Lessons in this course
- Payout Ratio, Retention Ratio & Earnings Retained Locked
- Dividend Cover by Earnings and by Free Cash Flow, Buybacks Included Locked
- Sustainable Growth Rate: ROE × Retention and the Payout Ceiling Locked
- Share Buyback Mechanics: Shares Retired and EPS Accretion Locked
- Buyback vs Dividend: the Equivalence and Shareholder Yield Locked
- Buyback Price vs Intrinsic Value: Who Wins, Who Loses Locked
- Dividend Smoothing (Lintner) and the Special Dividend Locked
- Payout Capacity Dashboard: FCF, Leverage Headroom and the Payout Mix Locked