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BigBadWolf

07/17/19 3:29 PM

#103965 RE: bking1965 #103963

sure as hell does & it's irrefutable

mic drop
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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

https://sos.ga.gov/
844.753.7825