No Certain Guidance on Use of Proceeds

October 05, 2010

According to a recent survey of The NeuGroup’s Treasurers Group of Thirty, the most likely use of proceeds are split between investing in the business through acquisitions or strategic growth and distributing cash via share buybacks or debt retirement. Those that have communicated with their major shareholders or seen polls done by their bank analysts indicated similar splits. In this time of uncertainty, there is also no certainty on what management or shareholders should do with their excess cash.

No Certain Guidance on Use of Proceeds

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