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Gamco

01/23/23 10:59 AM

#430656 RE: teecee56 #430654

Teecee56 - You may recall that December 16th was triple witch option expiration date and on that date IDCC stock traded 1,180,700 shares. I believe that the company bought over 250,000 of that volume using the remaining cash in the stock buyback authorization before adding the $333m to the authorized amount effective January 2023. This is also effecting the updated financials released January 19th which projects net income of $.93 per diluted share. JMHO