InvestorsHub Logo
Followers 19
Posts 660
Boards Moderated 0
Alias Born 08/13/2013

Re: None

Tuesday, 04/22/2014 3:05:10 PM

Tuesday, April 22, 2014 3:05:10 PM

Post# of 50129
What I do not understand well and therefore would appreciate very much is some explanation about the share buy back. Where do they take the money from to buy back the shares. I checked their last balance sheet. There was very little cash available. They plan to buy back around 250 million shares. At current prices just 1 million cost $25'000.-- . 10 million cost $250'000.-- . We are talking about huge amounts of money. Please help me to understand where this money comes from. Thx.