Replies to post #333 on Kirkland Lake Gold (KL)

[NYBob]

bigone well they do have certain rights; The company can repurchase
a maximum of 16,456,561 ordinary shares.
That equals 10% of the public float as of Tuesday, May 15.
The stock in Kirkland Lake Gold is made of 211,199,478 shares outstanding.
It is at the company’s discretion to determine the acquisition timing and
the volume of shares to be acquired for cancellation....

https://www.gurufocus.com/news/684379/kirkland-lake-gold-is-allowed-to-repurchase-its-stock-

God Bless

Ps.
I don't know if they bought and cancelled the maximum allowed?...
https://www.klgold.com/contact-us/corporate/default.aspx