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irishpaddy

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irishpaddy

Re: JRoon71 post# 421067

Thursday, 02/01/2024 2:56:05 PM

Thursday, February 01, 2024 2:56:05 PM

Post# of 427716
The company must have sufficient distributable reserves to fund the share buyback. If the funds are not paid from distributable reserves liabilities can arise.

Know the difference between profits and reserves
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