Monday, March 11, 2013 4:21:19 PM
HHSE has taken out convertible debt when times were bad and was forced to issue equity to cover those debts. Now as cash flow and profits permit HHSE buys those shares back and retires them.
Kind of like using a credit card (and repaying the balance in full over time as income permits).
Only real issue is the percentage dedicated to the repurchase so the buy-back doesn't negatively impact future revenue growth.
Recent HHSE News
- Form 8-K - Current report • Edgar (US Regulatory) • 01/05/2024 07:17:02 PM
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VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM
Rainmaker Worldwide Inc. Announces Strategic Partnership Between Miranda Water Technologies and Fleming College • RAKR • Nov 4, 2024 12:03 PM
North Bay Resources Announces Assays up to 9.5% Copper at Murex Copper Project, British Columbia • NBRI • Nov 4, 2024 9:00 AM