Monday, November 10, 2014 8:03:25 AM
Most companies have a target range for the price of there stock and they will use stock splits to maintain that range as the price per share increases. What they are probably doing is buying stock to hold as treasury stock which can be used later for funding of other projects or expansion etc. Those treasury shares are issued shares.
Recent SANP News
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- Form 8-K - Current report • Edgar (US Regulatory) • 12/14/2023 05:27:38 PM
- Form 10-12G - Registration of securities [Section 12(g)] • Edgar (US Regulatory) • 12/05/2023 06:30:59 PM
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