Replies to post #430564 on InterDigital Inc (IDCC)

[Monterey2000]

With this new increase in share buyback, I am wondering why IDCC wants to buy back about an additional 15-20% of its outstanding shares. My conclusion is that it’s not about a potential buyout of IDCC by maybe Apple or Qualcomm or possibly taking IDCC private, instead it’s about minimizing the dilution of the stock if/when the stock price reaches the strike price on the BofA loan and converts to shares.