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Equities Valuation: The Impact of Including Share Buybacks in the Dividend Discount Model
There are both advantages and disadvantages to including share buybacks cash flows in the valuation. One advantage is that it provides a more accurate representation of how the company is returning cash to…
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The Hershey Company: Unwrapping the Potentials and Digging into the Chocolate Numbers
The Hershey Company is a leading American multinational chocolate manufacturer that also produces baked goods, beverages, and other products. Operating under 80 brands in 70 countries, Hershey’s is a global leader in chocolate,…