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Message Boards Settings Town Sports International Holdings Inc. (CLUB) - Quote Info
why aren't they buying back stock?     31-Oct-08 10:25 am    
they have a $25M stock buyback plan that's sitting on the shelf. if you're not going to start buying at these levels, what exactly are you waiting for? they could easily buy back a third of the company. seems to me they should curtail capex even more than they said yesterday, and buy back stock at these levels.

but the fact that they're not buying back at these levels gives me pause, and i wonder how bad they're expecting the business to get.
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sharmster

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  Subject Author Rating Time of Post (ET)  
 
why aren't they buying back stock?
sharmster 31-Oct-08 10:25 am  
 
agree 100%
gnuhhp Rate it 15-Aug-09 01:38 pm  
 
Because they got a world of problems, same store r...
wangseui Rate it 16-Aug-09 10:43 am  
 
Actually, they bought back 4 million shares i...
sharmster Rate it 17-Aug-09 10:39 am  
 
The membership base is decreasing due to a poor sa...
nd88alumni Rate it 30-Nov-09 09:56 am  
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Town Sports International Holdings Inc. (CLUB)

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