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Post# of 70418
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Edward

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Edward

Re: mr green239 post# 42663

Wednesday, 02/13/2019 7:56:05 AM

Wednesday, February 13, 2019 7:56:05 AM

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Buying back shares either to keep as treasury stock or retire, does not result in any loss at all. The repurchase of of shares (as treasury stock or retire) is treated as a surplus transaction. What the effect is, reduces cash, and reduces equity (surplus)and the outstanding shares.No paper loss what so ever.
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