APT Systems Inc (APTY)

[crazy horse 0]

Thanks,

Quite the opposite actually. It seems it's only temporary and not fixed. It's just a rule that has to be followed.

Take a look: Investopedia: Share Repurchase


What is a 'Share Repurchase'
A share repurchase is a program by which a company buys back its own shares from the marketplace, usually because management thinks the shares are undervalued, reducing the number of outstanding shares. The company buys shares directly from the market or offers its shareholders the option of tendering their shares directly to the company at a fixed price.

BREAKING DOWN 'Share Repurchase'
Because a share repurchase reduces the number of shares outstanding, it increases earnings per share and elevates the market value of the remaining shares. After repurchase, the shares are canceled or held as treasury shares, so they are no longer held publicly and are not outstanding.