Founder at Stock Spin-off Investing, Stock Spin-Off Investing

Richard Howe

After graduating from Trinity College in Connecticut, I joined Eaton Vance full-time as an equity research associate. While at Eaton Vance, I completed the Chartered Financial Analyst program and earned the CFA designation. In 2013, I left Eaton Vance to join Citi Private Bank to work in the private equity research group.

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

<ul><li>Liberty filed an 8-K this week authorizing management to repurchase its Class A and Class C shares. </li><li>The company says it doesn’t anticipate more than $200MM of selective repurchases in any twelve-month period, so this is an opportunistic authorization, not a firm commitment.</li><li>But the signal fits my thesis cleanly.</li></ul>

Liberty filed an 8-K this week authorizing management to repurchase its Class A and Class C shares. The company says it doesn’t anticipate more than $200MM of selective repurchases in any twelve-month period, so this is an opportunistic authorization, not a firm commitment.But the signal fits my thesis cleanly.

Liberty Global

Weekly Update (REZI, LBTYA, KBR)