SUTIMCo International Inc (SUTI)

[space1230]

No, not really. You stated that there is only 1 type of buyback and I already clarified for you that there was not (when I made the example of a leveraged buyback). If a group of private investors buy stock on the open market and exchange certs for restricted shares, that is not a buyback AT THAT STAGE. You do not know the end result of those shares so you cannot dismiss the buyback. If those shares are being returned to the company treasury at the end of the 1 year restriction period, It may be atypical, but IT'S A BUYBACK. Good day sir.

"buyback" the shares are removed from the OS. In what SUTI has described the shares remain in the OS. Big difference.