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Re: None

Friday, 01/20/2023 6:47:36 AM

Friday, January 20, 2023 6:47:36 AM

Post# of 432965
If you look at IDCC's most recent cash and potential buybacks you can get the following using buybacks at current price.
Share Count Cash per share
29.66M $40.45
28.5 M $39.58
27.5 M $38.76
26.5 M $37.88
25.5 M $36.94
The reason that this is interesting is that when they authorized the additional buyback at current price they would have the ability to buyback 6.5M shares. The biggest problem with that is that insiders and institutions own a little over 26M shares. The above chart would cost $ 258M of their $400 M at current prices so they have some wiggle room to get it done.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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