Actionable Opportunities in Special Situations: Spinoffs, Bankruptcy, Restructurings

Stock Buybacks

DuPont (DD) will buy back up to $4bn of stock

DuPont (DD), under pressure from activist investor Nelson Peltz to improve shareholder returns, said it plans to buy back up to $4 billion of its stock using a dividend expected from a spinoff of its performance chemicals business. Source: Reuters

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