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RichieRich49

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RichieRich49

Re: uptop post# 13476

Wednesday, 11/18/2009 1:44:41 PM

Wednesday, November 18, 2009 1:44:41 PM

Post# of 36407
"It is 7.8B, but with O/S as high as it is - they do not need A/S. IMO"

I am not sure that you understand how share structure works. The O/S shares are part of the A/S. They are the A/S shares that have been issued to the market as restricted or free trading shares. They can only retire A/S shares that have not been issued. They can also buy back some of the O/S shares and retire them which would reduce the float. Or they can retire share held in treasury.
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