"We generate excess cash, and that goes to the corporation."
Will liquidity dry up when corporations stop using excess cash to buy back stock?
"We had some excess cash, so this seemed to be an outstanding investment."
Besides, they said, the company has oodles of excess cash.
But it wasn't enough for many companies that have piled up excess cash abroad.
It is better to give the excess cash and the tax write-off to the shareholders.
How many cities and towns are sitting on excess cash in their budgets?
Is there a system for taking excess cash from the till during the day?
I'll be delighted to relieve the insurance companies of their excess cash at any time.
"We truly did have excess cash at that time over and above what we needed to grow the business," she said.