British Energy has novel means of handing cash back to investors
Some see handing back cash to shareholders as an admission of defeat; a sign that the directors have run out of ideas. Others view it as tight balance sheet management. After all, if you don't need the money then why go on paying to borrow it from shareholders?
There may have been a bit of both in British Energy's return of value to shareholders announced in May of this year. But the privatized nuclear power generator's deal deserves closer examination, not least because its terms are more
You need to register to access 3 free deep dive articles per month. To continue reading please register or login below..
- Unlimited deep dives
- Data-driven research around key topics
- Buy-side insights
- Benchmarking reports
From
$1495