Calissio Resources Group Inc (CRGP)

[NicoleMarie]

Maybe this is why they did the dividend while repurchasing....


https://en.wikipedia.org/wiki/Share_repurchase


There is strong evidence that companies are able to profitably repurchase shares when the company is widely held by retail investors who are unsophisticated (e.g., small investors) and more likely to sell their shares to the company when those shares are undervalued.[5] By contrast, when the company is held primarily by insiders and institutional investors, who are more sophisticated, it is harder for companies to profitably repurchase shares.[5]