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uncledog
Joined: 08 Jun 2014
Posts: 4
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 Posted: Wed Jul 16, 2014 4:14 pm Post subject: YAHOO' comment |
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In addition, we are aware that there has been much discussion around the allocation of the Alibaba IPO proceeds," said Ken Goldman, CFO of Yahoo. "We would like to take this opportunity to let our investors know that we are committed to return at least half of the after-tax IPO proceeds to shareholders, in line with our overarching commitment to maximizing shareholder value through prudent capital allocation."
In this case, Do' proceeds 'mean sales or profits? |
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Lorikeet
Joined: 08 Oct 2005
Posts: 1877
Location: San Francisco
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| Posted: Thu Jul 24, 2014 12:01 pm Post subject: Re: YAHOO' comment |
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| uncledog wrote: |
In addition, we are aware that there has been much discussion around the allocation of the Alibaba IPO proceeds," said Ken Goldman, CFO of Yahoo. "We would like to take this opportunity to let our investors know that we are committed to return at least half of the after-tax IPO proceeds to shareholders, in line with our overarching commitment to maximizing shareholder value through prudent capital allocation."
In this case, Do' proceeds 'mean sales or profits? |
I would expect the IPO proceeds would be the money they got from sending out the IPO, and they are planning to take half of the money they made and return it to shareholders. |
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uncledog
Joined: 08 Jun 2014
Posts: 4
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| Posted: Mon Jul 28, 2014 5:14 am Post subject: |
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| Thank you for your reply. |
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