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spdpro

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spdpro

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Re: jaws57 post# 29163

Wednesday, 11/29/2023 3:41:06 PM

Wednesday, November 29, 2023 3:41:06 PM

Post# of 31773
J > I was just reading somewhere that the shares had to be "absorbed" within 7 days >
??? I can't find that now but assume it's correct

One of the key things I noted was a "jump" from the "current 1% excise tax" on Buyback to
"coming" 4% excise tax on Buybacks as part of proposal was included as part of the FY2024
President's Budget of which thru the CR kick the can debacle is punted into 2024 sometime

more stuff >
https://budgetmodel.wharton.upenn.edu/issues/2023/3/9/the-excise-tax-on-stock-repurchases-effects

Disaster is Only a Keystroke Away!

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