Episode Details

0:00: Introduction 0:27: What is a share buyback? 3:12: The pros and cons of buybacks 6:26: The only reason why a company should buy back shares 7:57: Why does CNQ spend so much on share buybacks? 11:26: Alimentation Couche-Tard's buyback announcement 15:24: The earnings from Couche-Tard 18:38: How can Couche-Tard combat inflation and retain its customers? 21:38: Alimentation Couche-Tard's new CEO 25:05: The TMX Group investor day 32:25: TMX Group's journey towards analytics 34:42: Ernest's book recommendation about Rogers and its acquisitions In this week's episode, Barry and Ernest delve into the pros and cons of share buybacks, Alimentation Couche-Tard's weak quarter and CEO change, and share observations from TMX Group's Investor Day.