BAE System’s largest shareholder, Invesco Perepetual has publicly voiced concerns about the proposed BAE EADS merger. According to the Financial Times, Invesco owns thirteen percent of BAE shares and believes that the company should return more capital to shareholders to boost their value.
Neil Woodford of Invesco reportedly has revealed that in the interest of increases shareholder value, BAE should give more cash back to investors via a share buyback rather than continue its dealmaking strategy.
Invesco believes that a strategy which focuses more on returning cash is the ideal way to increase the share price of BAE.
