Let's say XYZ has 1 mill shares in the mkt. PPS of the stock is $1.00 Management say they are going to reduce the count by 250,000 shares. What happens to the $250,000.00 the reduced shares were worth ?
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.