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Re: Exxon Mobil Might Need $8 Billion in Debt to Fund Its Dividend in 2021, Analyst Says XOM should borrow more and resume stock buybacks. For every 1 billion dollars of borrowing at say 3% (tax deductible) their after tax interest cost might be around $22 million. But if they buy back $1 billion of stock, they save $100 million in dividends. If I were a PE guy, I would do this all day long. Take the darned thing private. |
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Msg # | Subject | Author | Recs | Date Posted |
2097 | Re: Exxon Mobil Might Need $8 Billion in Debt to Fund Its Dividend in 2021, Analyst Says | Rice1 | 2 | 11/17/2020 10:26:40 AM |