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Whalatane

04/22/24 9:47 PM

#423485 RE: ramfan60 #423478

Ram. interesting pt of view .
Mine is summed up as follows


. Critics argue that companies sometimes use buybacks to artificially inflate stock prices or to benefit insiders with stock-based compensation.
Additionally, if buybacks are funded through debt or at the expense of necessary investments in research, development, or infrastructure, they may not always serve the long-term interests of the company or its shareholders.



So Co mgt should be happy re their options and RSU's that vest ...they should make out pretty well if the stock doubles from here on the buy back .
From poster Hayward

Looks like they all received 180,000 at .87 Options and 50.000 free shares no wonder they stepped on the PPS IMO up on monday



Meanwhile ...the EU patent life has been extended out to ...forgot exact date but at least another 5-8 yrs .
So IMHO the $50m would have been better spent developing the real world evidence to increase the level of evidence rating and garner more / wider EU reimbursement .
Kiwi

Birdbrain Ideas

04/23/24 3:53 PM

#423494 RE: ramfan60 #423478

I know nothing about how much buying of a stock it takes to move the price, but I would imagine you'd have to really space out your purchases if you're planning to drop $50 million into a stock. Wouldn't the sudden purchase of so many shares make the share price explode to $6 or higher? I would think you'd have too limit your buys to 200,000 to 300,000 shares a day, tops, to keep the share price down while you carry out purchases. But I've also seen companies announce share buyback plans and never come close to buying as many shares as they pre-announced.