Marriott is considering purchase of ten million shares. This is apparently at odds with the financial policy that the board adopted two years ago. Students should discuss why the policy changes were made and why now necessary. Includes a discussion of the debt policy, financial policy and dividend policy. Students will also find the stock is now undervalued. "Hide
by Thomas R. Piper Source: Harvard Business School 13 pages. Publication Date: Dec 03, 1981. Prod. #: 282042-PDF-ENG
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