Replies to post #430650 on InterDigital Inc (IDCC)

[dvm]

Thank for your reply.
Makes one wonder what there purpose of the buybacks really is.

[Gamco]

Short interest as of 12/31/22 was 1.88m shares. I can't envision any of them remaining after the auction is completed. This amount of shares should be sufficient to accommodate two-thirds of the auction offer.
Shorts may consider a new position at a considerably higher price.