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Re: FluidMan post# 72516

Tuesday, 10/11/2022 9:48:57 PM

Tuesday, October 11, 2022 9:48:57 PM

Post# of 76492
Those trades make sense as a dividend reinvestment plan. The thing is though the company has to pay out so you can reinvest those them. So is JB paying himself? Our CFO or COO, or head of IR that don't do anything but snippets on fluff pieces. Or is he paying off loans with it.

https://www.iclub.com/faq/Home/Article?id=478&category=4&parent=0

Pretty interesting part about when they are most seen:

"On its own this sort of transaction can be useful; when that same company goes through splits, issues dividends, spins off other companies, or is acquired as part of a merger, there comes a time when the program must round a fractional share either up or down. In almost all cases, this is done very well. However, in the case of a full sale where very early entries are often counted, we do sometimes see some extra small fraction of a share left over."

Is it the spins off other companies or merger? Could be gdet or imtl related? Would be nice if investors were kept in the loop.