Nice! Teck intiates aggressive tck.b share buy-backs in the last few weeks and now suddenly jacks it's dividend by 12.5%...seems like they are pulling out all the stops to boost their share price.

I might be pursuaded now to think that we will get some tck.b shares as part of the buyout deal.

Golf,

Why would you presume that the dividend increase and buyback would be part of a deal giving shares away for CUU? From the last presentation, the Q&A at the end of the session indicated that they were looking at increasing shareholder value instead of diluting further.

My guess is that the board is aware that they will back-in for the CUU project and possibly buyout CUU. So assuming that CUU is part of the overall strategy in the coming weeks, then increasing dividends for those shareholders who hold TECK shares at Dec 14th, 2012 can be a very interesting date to consider. If I was Teck, and trying to boost shareholder confidence and value. I would announce this dividend increase and announce any big BUYOUT prior to Dec 14th. Because a CUU buyout would dump Teck shares a few percent but because they increased the dividend it would bounce back up before that.

Its all speculation, however. But the timing is very interesting.

The Dec 14th date could be related to preventing a "fiscal cliff" selloff if the US congress cannot get their ducks in a row. (Personally, I think a deal will be made.)