Elite Pharmaceuticals Inc (ELTP): Buyback programs are always beneficial w...

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Elite Pharmaceuticals Inc (ELTP)

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Re: Sctrben post# 385148

Friday, 08/18/2023 12:38:09 PM

Friday, August 18, 2023 12:38:09 PM

Buyback programs are always beneficial when grants and warrants are used. We may have a small period when we don’t incur either. As long as the intrinsic value is higher than market price, the buyback works in the company’s favor. You can always suspend a buyback program.

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