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BigBadWolf

06/04/25 9:50 AM

#45724 RE: dablitz #45721

You are correct as of today NC n OS. The Timeline for OS Reduction After a Buyback Starts
😁 Of course actual share purchases must occur first yet since we were alerted that the share buyback began (can't remember the date of) that is a non issue 😉

Settlement & Transfer Time Once shares are bought back follow the same settlement timeframe so

It typically takes T+2 days (trade date + 2 business days) for the transaction to settle.

The repurchased shares are then retired or moved to treasury.

A reduction in OS will only show after:

Shares have been purchased and settled.

Company has notified the transfer agent to cancel or move them to treasury.

This can take a few days to a couple of weeks, depending on:

Transfer agent processing time.