Typically I could understand a company in general spreading a buyback over a certain period, but at this price, damn they should do it all in one damn day so I agree with your thoughts on this.
It is not even approved yet and for all we know it will not get approved. It is June in two days and we are headed down to the70 cent range. This is just gettting absurd at this point. I see zero difference at all since denner took over.
The original press release stated that they would go for the approval per UK law and once approved would commence the share buyback before the end of Q2 and then complete in 2024. There was no mention of how much of the $50M would be used in Q2.
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