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Re: teecee56 post# 430654

Monday, 01/23/2023 10:59:52 AM

Monday, January 23, 2023 10:59:52 AM

Post# of 432663
Teecee56 - You may recall that December 16th was triple witch option expiration date and on that date IDCC stock traded 1,180,700 shares. I believe that the company bought over 250,000 of that volume using the remaining cash in the stock buyback authorization before adding the $333m to the authorized amount effective January 2023. This is also effecting the updated financials released January 19th which projects net income of $.93 per diluted share. JMHO

"Intellectuals solve problems; geniuses prevent them." - Albert Einstein

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