Peabody Energy Corporation (BTU): Pennies. Thanks for another well-explain...

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Peabody Energy Corporation (BTU)

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Re: Pennies From God post# 2683

Sunday, 01/24/2021 12:50:34 PM

Sunday, January 24, 2021 12:50:34 PM

Pennies. Thanks for another well-explained report. I
guess I have always focused on reverse splits that
failed. Most/many sadly fading away afterward.
I am trying to figure how many shares Peabody bought
back.
With 93% of 98 million OUTSTANDING shares owned by
Institutions.. that leaves only about 7 million shares
left over. Which they call the "float".
OR!! Do the bought back shares count in the 98 million
"outstanding" shares?
It gets confusing.
I guess the question is.. WHAT HAPPENED TO THE BOUGHT
BACK STOCK???

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