Mark Mendel's questions to Richardson Electronics Ltd (RELL) leadership • Q4 2025
Question
Mark Mendel from Charles Lane Capital advocated for the company to initiate share repurchases, citing the strong balance sheet and positive cash flow, and asked for the board's perspective on this method of rewarding shareholders.
Answer
Chairman, CEO & President Edward Richardson responded that the board discusses stock repurchases every quarter but remains cautious due to past experiences where buybacks did not lead to stock price appreciation. He stated the company's current preference is to deploy cash for business expansion and growth opportunities rather than repurchases.