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01/24/23 11:53 AM

#430689 RE: Gamco #430688

Gamco, as usual with IDCC nothing is simple. They currently have 2 buckets of buybacks. One a modified Dutch auction for $200M which has it's own rules. Another $200M in buybacks that is blacked out 2 weeks before earnings, 48 hours after earnings , if they get news ,etc. I doubt that they can buy any shares above $69 up to Feb. 17