"Company Buybacks: Best Practices"

Thursday, February 23, 2012

2:00 - 2:45 pm, eastern [archive and transcript to follow]

Given the huge levels of cash on corporate balance sheets and the likelihood of a continued market downturn, companies may soon be stepping up to the stock repurchase plate. This webcast will provide practical guidance about how to conduct a stock repurchase program, including analysis of whether it's the best use of funds. Join:

  • Kady Ashley, Counsel, Skadden, Arps, Slate, Meagher & Flom LLP
  • Rob DelPriore, Shareholder, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
  • Jim Rothwell, Partner, Davis Polk & Wardwell LLP

Among the topics of this program are:

  • What are the "best practices" for a corporate repurchase program?
  • When implementing a buyback, should a Rule 10b5-1/10b-18 plan be part of it? And if so, what level of control should a company give up? What are the risks?
  • Should a Rule 10b5-1 plan only apply during blackout periods? Should a company just rely on 10b-18 during open windows?
  • How might a stock repurchase stack up against paying cash dividends? Or other alternatives?
  • How to conduct accelerated share repurchase (ASR) programs and similar "exotic" buyback strategies, including analysis of how Rules 10b-18 and 10b5-1 apply

Cost: As 2012 members of TheCorporateCounsel.net are able to attend this critical webcast at no charge. If not yet a member, try a no-risk trial now. The webcast cost for non-members is $595. You can renew or sign up for a no-risk trial online - or by fax or mail via this order form. If you need assistance, send us an email at info@thecorporatecounsel.net - or call us at 925.685.5111.

How to access the webcast program:  Visit www.TheCorporateCounsel.net and click the link on the webcast. You need either Windows Media or Flash to listen to the webcast.

What you can do if you can't access the live program: If you have a scheduling conflict or have problems accessing webcasts generally (due to firewalls, etc.), an audio archive of the webcast will be posted immediately after the program - and a text transcript of the program will be posted on TheCorporateCounsel.net about a week after the live webcast. We don't apply for CLE for any of our audio webcasts.