821 million $TGGI shares were returned to Treasury and cancelled. That's 821 million fewer $TGGI shares in the market.
$TGGI never claimed it did a buyback of those shares. That's not in any documentation from the company.
"...While $TGGI had 821 million shares returned to the Company last year, it is still committed to further reducing its share structure. The total number of shares $TGGI is seeking to reduce is still a total of 3 billion shares minus the 821 million already returned. $TGGI will not place a time table for the further reductions and will share with its shareholders as it has in the past when it retires shares. ..."
$TGGI - yesterday shipped 221,500,000 shares to the TA for cancellation, these are the shares from my brokerage acct. Spencer Edwards sold some to cover costs, since they could not accept a 3rd party wire. Total shares canceled to date 821.5 million. pic.twitter.com/ARFHqxvIOn
$TGGI sent 300 mill shares to the TA Wednesday for cancellation, below is a copy of the certs & Cancellation Resolution more info to follow pic.twitter.com/c0Wq90U546
TGGI - below is the next 230 mill F/T shares to be sent to the T/A to cancel, TGGI plans to finalize another 300 mill F/T to cancel next wk. pic.twitter.com/XC1s9GQCUS