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Re: Builder1960 post# 185967

Wednesday, 11/10/2021 9:32:10 AM

Wednesday, November 10, 2021 9:32:10 AM

Post# of 220564
There is much more to a buyback than most people realize. The SEC must be notified via 8K or another acceptable form, it must say how many shares are to be bought, at what price range, and over what duration, among other things. The company cannot simply start buying its own shares on the open market. That would be STRICTLY illegal, because it would be stock price manipulation in its most basic form.