Monday, May 19, 2014 6:03:01 PM
the rules of a stock buy-back.
Apparently, there's a stipulation that the buy-back can only equal the highest bid price,
but I might not be understanding it fully.
Also, they can not exceed 25 percent of the average daily volume.
I would think it would benefit the masses to make the re-purchase on a
high-volume day.
Of course, I could be wrong, and will defer to those much smarter than me.
Here's the link:
http://www.investopedia.com/terms/r/rule10b18.asp
Good Luck!
cbrad
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