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Re: jealmc79 post# 432092

Thursday, 12/28/2023 3:45:30 PM

Thursday, December 28, 2023 3:45:30 PM

Post# of 432703
jealmc79, IDCC started 2023 with 30.7M shares as of November 1 the share count was down to 25.4M. They bought 2.7M+ at $73 in the Dutch Auction. The 5.3M shares that they bought most were bought below $90. If all the 2024 warrants are exercised and include the hedge money IDCC will receive about $285M. They will have to issue about 3.8M shares. Do you now understand why they increased the buyback to $300M and continue to buy?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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