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Re: Vulcan post# 60468

Thursday, 04/27/2006 4:21:24 PM

Thursday, April 27, 2006 4:21:24 PM

Post# of 315345
[DOUBLE EDIT] re: "...The PR says the majority so that means over 50% of 2 billion..."

is that what it says?

or does it state that the majority of the amount they intend to buy will be in the next 2 weeks?

"...We hope that we can purchase a majority of the shares in the next few weeks..."

NO ONE knows how many that might be
could be 1 share, and they would still "live up" to their first buyback PR
---------------------

[EDIT]
TORONTO -- (MARKET WIRE) -- 12/19/2005 -- First Canadian American Holding Corporation (OTC: FCDH) today announced that its board of directors approved plans to buy back up to one billion of the company's stock over the next two years.

http://www.marketwire.com/mw/release_html_b1?release_id=104393&tsource=3

--------------------------
RU
re: "...hate to burst your bubble but if majority is "1 share" wouldnt we have a low O/S then?..."

their statement was that of the purchase that they "hope" will take place, the majority of THOSE shares may take place over the next few weeks

[please learn how to read a PR]