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Post# of 729971
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JusticeWillWin

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JusticeWillWin

Re: goodietime post# 725501

Wednesday, 04/03/2024 3:54:21 PM

Wednesday, April 03, 2024 3:54:21 PM

Post# of 729971
Exactly!

When a company buys back its own shares, it has several options for what to do with the repurchased stock:

****
Retire the shares: The company can cancel the repurchased shares, effectively reducing the total number of outstanding shares. This is known as "retiring" the stock. Once retired, the shares cannot be reissued and have no financial value.
****

Isn't THIS what COOP did with the shares they bought back?
Bullish
Bullish

THIS IS JUST MY PERSONAL OPINION AND NO INVESTMENT ADVICE!

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