Danny you are correct that buybacks are subject to the same insider trading rules as individuals based on a prior conversation I had with Janet. One other thing to note is that the company is also able to buy back, and does so, under a pre arranged trading plan just as the 105b plans like individuals to avoid the appearance of insider trading. The rule number may be different but I believe that is how the company is buying back its shares, under a pre arranged trading plan.
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revlis .. I don't think that is correct. I believe buybacks are subject to the same insider trading rules as those that apply to insiders. Olddog?
TIA,
Danny
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