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bigheadd

12/07/06 11:50 PM

#14132 RE: Clancy #14088

O/T. Clancy...

Quick question, What's the difference between a share buyback, and a retirement of shares? (Besides the obvious)

It seems to me a buy back wouldn't help the pps because the shares are still valid.

I ask because I've seen companies with a huge float and an equally big amount of restricted shares do this.(The buyback)

TIA

Bighead