Olin Corporation, despite having limited reinvestment opportunities in its underlying chemical/industrial business, has effectively deployed capital by reducing its share count from 165 million to 115 million shares over 5-6 years by repurchasing stock at very cheap prices, which is appropriate shareholder value creation even though it doesn't expand the business.
factualpending
Speaker
Chris SemperEvidence Quote
“no reinvestment opportunity... share count down from 165 million shares to 115 million... very cheap prices... great use of capital.”
Source
We Asked Chris Bloomstran Why He Won’t Own the S&P 500 At These Levels — And What He Does Instead— Excess ReturnsCreated: 8/12/2026, 6:13:17 PM
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