It was unclear if lawmakers overcompensated to protect current shares of the aid.
But what she likes most are the current share prices of many of these companies.
Our current share is 39 percent, and for the past two years we have almost gotten there.
The buyback would reduce Tenneco's current 147.5 million common shares outstanding by 12.2 percent.
If, as some companies seem to hope, those values add up to more than the current share price, that could help to push it up.
Our current share, more than 30 percent, results from a formula set in 1973.
The current shares outstanding would automatically be exchanged for an equal amount in the new company.
Local officials put the state's current share at less than 0.5 percent.
But investors are behaving instead as though it makes current shares more valuable.
If approved, shareholders would get one share of the new company for each of their current shares.