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Re: Majic post# 43499

Friday, 07/23/2021 9:17:12 AM

Friday, July 23, 2021 9:17:12 AM

Post# of 69238
A buyback offering is exactly that. The company 'offers' to buy a block of shares from a shareholder. No telling how many people scooped up trips and are now sitting on piles of shares. Some of them could be friends or family...
No problem, though...taking shares off the market is the opposite of dilution...undilution.