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投资者质疑Booking Holdings的资产负债表和回购策略
CMF Capital 自2019年以来一直是 Booking Holdings 的长期投资者,近日批评该公司的资本配置策略,特别是其激进的股票回购计划。投资者认为,这一策略通过减少股东权益,显著增加了财务风险,使公司在潜在的经济下行压力下变得脆弱。CMF Capital 呼吁 Booking Holdings 暂停回购,减少债务,并重建资产负债表,以吸引长期投资者,并更好地应对未来旅游行业的冲击。