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Bopper155

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Bopper155

Re: sony12 post# 2118

Monday, 01/31/2022 2:23:43 PM

Monday, January 31, 2022 2:23:43 PM

Post# of 2368
I'll start. Let others correct me. CCL's announcement today about the stock 'sale' just repeated the sale announcement from 6-28-21. What the announcement today really stated was an extension of the share buyback -- which was supposed to conclude today. Today's announcement extended time frame to repurchase open market shares. The buyback will continue until the end of April.

A thought from the dark side - CCL has not bought back as many shares as they planned. Price too high ?? They expect prices to drift lower, then buy back ???

Unsure. Either positive, or negative, it means CCL is still looking to repurchase open market shares, with funds it still has from the 6-28-21 stock sale. (JMO)
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