to BOD directors -
because, the short sellers work in groups and make surprise attacks etc. -
would like to see KL renew the application when it runs out -
https://www.gurufocus.com/news/684379/kirkland-lake-gold-is-allowed-to-repurchase-its-stock-
bigone well they do have certain rights; The company can repurchase
a maximum of 16,456,561 ordinary shares.
That equals 10% of the public float as of Tuesday, May 15.
The stock in Kirkland Lake Gold is made of 211,199,478 shares outstanding.
It is at the company’s discretion to determine the acquisition timing and
the volume of shares to be acquired for cancellation....
https://www.gurufocus.com/news/684379/kirkland-lake-gold-is-allowed-to-repurchase-its-stock-
God Bless
Ps.
I don't know if they bought and cancelled the maximum allowed?...
https://www.klgold.com/contact-us/corporate/default.aspx
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