AI
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| Alias Born | 06/20/2009 |
Wednesday, July 17, 2019 3:29:59 PM
sure as hell does & it's irrefutable
mic drop
BigBadWolf Member Level Wednesday, 07/17/19 03:15:25 PM
Re: tbdelephant post# 103948 0
Post #
103956
of 103965
I just forwarded & our GA attorney asked for the GA Code that governs buybacks/repurchases as this Code relates to dividends & distributions.
& yes he did say both would reward shareholders yet distributions/dividends can only come from profits wink
Quote:
A company can fund its buyback by taking on debt, with cash on hand, or with its cash flow from operations.
Quote:
(unless the articles of incorporation permit otherwise)
also had already contacted & reached out here as well
https://sos.ga.gov/
844.753.7825
mic drop
BigBadWolf Member Level Wednesday, 07/17/19 03:15:25 PM
Re: tbdelephant post# 103948 0
Post #
103956
of 103965
I just forwarded & our GA attorney asked for the GA Code that governs buybacks/repurchases as this Code relates to dividends & distributions.
& yes he did say both would reward shareholders yet distributions/dividends can only come from profits wink
Quote:
A company can fund its buyback by taking on debt, with cash on hand, or with its cash flow from operations.
Quote:
(unless the articles of incorporation permit otherwise)
also had already contacted & reached out here as well
https://sos.ga.gov/
844.753.7825
Alpha Male always Caribbean Wolf Pack Strong The Society of Slayers...
