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Gamco

02/23/23 7:33 PM

#430994 RE: my3sons87 #430993

My3sons87 - It's my understanding that 1st quarter's per share financials are calculated using the average of the number of outstanding shares at the beginning of the period and the number of outstanding shares at the end of the period. So per share amounts from the Dutch Auction will effect both 1st and 2nd quarter reports.

You asked: Will the 1st qtr earnings be measured against the reduced shares remaining after the Dutch auction? If so the per share earnings would be higher as there are less shares.