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Post# of 230095
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shotsky

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shotsky

Re: Eagleshine post# 107249

Saturday, 01/27/2018 7:34:37 PM

Saturday, January 27, 2018 7:34:37 PM

Post# of 230095
Most companies that buy back shares simply retire them to the treasury, then if conditions permit, reduce the AS.
By putting them into a fund, their value follows the share price, which will increase with a lower float. A rising share price will increase the value of the fund and our shares as well. A brilliant move.
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