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Re: TheIrishIntelligence post# 69747

Monday, 12/25/2023 3:15:19 AM

Monday, December 25, 2023 3:15:19 AM

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TheIrishIntelligence "Cancelling shares would increase the market cap." Do you know what the market cap is? The market cap would in principle stay the same after shares are cancelled but each share would increase in value because there are fewer shares outstanding and the total net assets would not change by shares being cancelled.
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