Q: Been doing some research on Canadian Tire (CTC.A) and along with growing earnings per share, a share buyback in full swing, and a history of regular dividend increases, it also seems to have a controlling shareholder, in Martha Billes with 61% of the voting shares.
Just from some reading, it looks like Ms Billes is getting on in age, doesn't have any children (that I read about, anyway) and her history with the rest of her family is at times contentious.
Do you think Ms. Billes has an exit strategy in place regarding her controlling interest in Canadian Tire and what do you think those options are?
Thanks, again.
John
Just from some reading, it looks like Ms Billes is getting on in age, doesn't have any children (that I read about, anyway) and her history with the rest of her family is at times contentious.
Do you think Ms. Billes has an exit strategy in place regarding her controlling interest in Canadian Tire and what do you think those options are?
Thanks, again.
John