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JRoon71

06/24/24 10:56 AM

#425951 RE: BobWayne #425949

Not necessarily. They are limited to how much they can purchase on a daily basis, and my guess is they are trying to "mask" their purchases as to not goose the stock price too early.

I believe stock buybacks are limited to 25% of average daily trading volume over prior 4 weeks. So roughly 375,000 shares per day limit.