Lexmark – Excellent free cash flow yield and buybacks
January 17, 2012
Lexmark, the well-known printer company, presently offers a robust free cash flow yield of roughly 15%, and also has a vast cushion of cash and investments representing more than a third of its market cap. Although a lot of that money is in overseas subsidiaries, whatever isn’t is being wisely used to buy back shares at these attractively low prices.
For my full opinion, see
http://seekingalpha.com/article/319566-lexmark-strong-free-cash-flow-being-returned-to-shareholders
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