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Raffis

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Raffis

Re: None

Tuesday, 12/24/2019 10:19:18 PM

Tuesday, December 24, 2019 10:19:18 PM

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https://budgeting.thenest.com/happens-value-issued-stock-common-stock-redeemed-canceled-32057.html

Good Read: What Happens to the Value of the Issued Stock When Common Stock Is Redeemed & Canceled?

“The trend in earnings-per-share is a vital factor in stock valuation, so buyback in theory should make the stock more valuable. This is the primary reason that companies redeem their shares -- to benefit shareholders, including officers and directors who have an investment in the company, as well as employees holding stock options.“
Check the link to understand what’s happening. Legacy may redeem the shares.


https://budgeting.thenest.com/happens-value-issued-stock-common-stock-redeemed-canceled-32057.html
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