Amarin Corp Plc (AMRN)

[FlyFishingStocks]

Buyback programs don’t need excess COH to be successful.

STS-

Share buybacks are almost always a pretty bad use of excess cash (something AMRN lacks) - only useful when a company is sitting on a massive cash pile

HDG-

Buyback program were used when the relevant Co. is sitting on a ton of cash and they have to support the share (due to lack of organic growth.)

Kiwi -

The company is currently running at a loss.
If you decrease the share count you will concentrate this loss.
You will have also added to the debt load ( if you were able to get financing ) .

Stock would tank .

Last I heard the U.S. Fed along with other foreign CBs are on a “share buyback” binge (not because they’re sitting on a ton of cash):

The result? Record debt and a stock market at an all-time high.
Investors seem to be more apt to forgive debt in order to embrace management’s confidence in a company.