talan123
Team Member/Troll
- Joined
- Jun 16, 2011
- Messages
- 652
On 01-09-2013, the board got bonuses in the form of stock options.
They gave themselves, in total, 186,889 shares for free for that one day and yes, they were for free. Since Target has started yet another massive share repurchase, those funds have to come somewhere. With an estimated share price of $62, that comes to $11,587,000.
Cost to stores? $6572.00 each or about $550 a month.
They gave themselves, in total, 186,889 shares for free for that one day and yes, they were for free. Since Target has started yet another massive share repurchase, those funds have to come somewhere. With an estimated share price of $62, that comes to $11,587,000.
Cost to stores? $6572.00 each or about $550 a month.