IR wouldn’t have a clue how to answer the questions and I doubt the CFO would want to explain why he’s making these lousy deals. Would probably lose his job. There’s nothing confidential involved here. You can read the entire agreement in the filed SEC documents. If they needed the cash for business purposes they could have just stop buying back shares. I just watched an hour long video on the subject where they stated the parties doing the hedging on these transactions short shares of the stock while the company buys back the shares to keep the stock price from going lower. So does that mean the company is helping the stock holders or the shorts?
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