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JuicePigs

01/02/24 12:29 PM

#65757 RE: DA Bailey #65755

IF they do a share buy back, I believe they would have to buy the shares on the open market. They may even already be buying shares. I dont think a buy bacl is something they are requored to announce before it happens.

It would be smart of them to buy bacl shares before announcong it so they could get more off the market at a lower price.
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Lakota-45

01/02/24 4:49 PM

#65765 RE: DA Bailey #65755

Hi 'DA Bailey' - Sorry for the delay getting back to you.

There are many benefits to a buy-back but, the short answer is; . . .
"Decreasing the number of shares in the OS, increases
the Value of the remaining shares" !!!

And yes; You can chose not to sell into the Buy-back !!!

Stay tuned, I'm sure Ken will share more information regarding the cancelation, and the reasons
that led him to make that decision, at the Friday Podcast Update !!!

~ GLTU, All the Longs & the New Investors, and
as always, . . "Invest Wisely" !!!

~ $WDLF / Decentral Life / Moving forward ~
~ Loading the dips & holding Long ~
~ The clock is ticking ~
Bullish
Bullish