A senior member in Torstar’s board (i.e. the Vice President of Finance) reflected on fiscal situation in preparation for the approaching board of directors' meeting.
Crucial items on the board's plan consisted of the firm’s dividend policy and tactics for repurchase of their shares and Torstar’s acquisitions strategy along with to preserve capital expenditure requirements. The case centers on the optimum usage of excess cash flow.
Publication Date: 12/01/1999
This is just an excerpt. This case is about Finance
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