News Focus
News Focus
icon url

shotsky

01/27/18 7:34 PM

#107251 RE: Eagleshine #107249

Most companies that buy back shares simply retire them to the treasury, then if conditions permit, reduce the AS.
By putting them into a fund, their value follows the share price, which will increase with a lower float. A rising share price will increase the value of the fund and our shares as well. A brilliant move.