Hunt Gold Corporation (HGLC)

[Libra59]

When they buy back shares it is assumed those shares will be "retired" (eliminated from the OS and AS). The reduction of shares to trade usually makes the remaining (OS) shares more valuable.

If they are kept by the company and not retired they could be released back into the marketplace for trading at a future date. This is called dilution and usually makes the trading shares (OS) less valuable.

Anytime the share structure is reduced, the remaining shares usually become more valuable.

That is why companies with low floats are watched by many traders.