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Expert Analyses of the following article:

Grubb & Ellis Company Announces $25 Million Share Repurchase Program and Suspension of Dividend

Source: www.foxbusiness.com
July 17, 2008
Rearranging the Deck Chairs on the Titanic
Author: GLG Expert Contributor
With the recent exodus of executives and the elimination of the quarterly dividend, this is a ship that cannot be righted. This is a company that should be conserving cash, not instituting a share buyback program. Besides, when 41% of the stock is held by insiders, one has to question both the wisdom and the motivation of such a move.  

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