"We can start the company's stock repurchase plan in advance, and the current situation no longer allows us to wait."
The person who spoke was Gates' deputy Mobailey. He was one of the earliest employees of Viagra. He served as Gates' right-hand man and held important positions in the company for many important occasions. He was also a mouth of Gates, so he spoke first.
Propose the plan Gates wants and test the reactions of other people in the company.
So Mobailey can be said to be Gates' absolute confidant.
"agree."
The chief operating officer of Viagra nodded and said: "The current company's stock price is seriously lower than its due value. Our Viagra stock is not a junk stock. From the financial crisis to now, the stock price has fallen by 27 yuan.
%, this is something that investors and we don’t want to see.”
"Now Jinqingtian Investment continues to short us, which has attracted low-cost buying from international hot money. If this situation is allowed to continue, Weisso's shares will be largely dispersed, which is not conducive to the company's development."
"So it is imperative to start the stock repurchase program in advance."
At this moment, Gates looked at the Chief Financial Officer who was about to speak but stopped and asked, "Henry, what do you think?"
The chief financial officer said: "I agree with everyone, but everyone must be clear that the company's performance has declined sharply due to the financial crisis, and the investment in the investment department is basically in a loss state. I was worried about this year's financial statements before.
It will be ugly, but now if the repurchase plan is started in advance, it will require a large amount of funds, which will affect the normal operation of the company."
Gates asked slightly, "According to the current plan, how much funds are needed, and how much funds are the company itself?"
"The overall repurchase plan requires about 18 to 2.2 billion US dollars, but the funds we can use will not exceed 800 million US dollars. Once it exceeds it, it will affect the development of our other plans, such as the development of new systems and how many
Many of the acquisition plans for other companies are directly related to the fundamental interests of the company and shareholders... Our gap requires at least 1.2 billion US dollars."
The words of the Chief Financial Officer silenced most people in the conference room.
Everyone knows the truth that things need to be done.
But the question is what to do, and where can I get the money to do it.
If it were only a few hundred million US dollars, Viagra would not take it seriously, as all the flowing out of the fingers was enough.
But the problem is that the current economic environment is not good. Wei Ruan's profitable funds cannot be lying in the bank. They all have foreign investment plans. The financial crisis has caused serious losses to these money, and the expenses and funds of some projects are also incurred.
Keep it, there is really not much liquidity that Viagra can provide at present.
Gates is obviously prepared for this, and he said: "I will communicate with investors about this matter. Whether it is my sharing with other shareholders or my personal expenses, the money will eventually be in the company's account, at least 20 yuan.
$100 million.”
"So you just do what you should do. Viagra will never be bankrupt by those mean things."
Gates' statement made the chief financial officer feel deeply relieved.
"If you can get a $2 billion investment, then there is no problem with the repurchase plan."
“Now that management has unanimously passed this resolution.”
Gates' eyes swept over all the participants in turn, and then said, "Then start the execution immediately."
"Now, the meeting will be broken."
With the end of this conference, Viagra, the world's largest Internet company, is now starting to run at high speed like an extremely sophisticated machine.
At the same time, similar things have also happened within a series of other companies such as Amazon Oracle.
While all this is in full swing, time has come to the closing moment.
"The Dow Jones Index is the most concentrated place for bank stocks, so after we gave up the sniping of banking companies, its point has stabilized at 26,010 points, and the Nasdaq Index is the key area we attacked, before the closing.
At one moment, the market officially fell below the 20,000-point integer point mark and closed at 19,986 points."