mic drop :-D:-D:-D:-D:-D:-D:-D:-D:-d:-d:-d:-d:-d:-d
BigBadWolf Member Level Wednesday, 07/17/19 03:15:25 PM Re: tbdelephant post# 103948 0 Post # 103956 of 103965 I just forwarded & our GA attorney asked for the GA Code that governs buybacks/repurchases as this Code relates to dividends & distributions. & yes he did say both would reward shareholders yet distributions/dividends can only come from profits wink
Quote: A company can fund its buyback by taking on debt, with cash on hand, or with its cash flow from operations.
Quote: (unless the articles of incorporation permit otherwise)
also had already contacted & reached out here as well