No, the buyback was required by the bank for equity valuation. When the buy back is finished the equity requirement for the loan is meet. If these were sells during the day, the bid would of collapsed by now but it has not! That tells me the buy back continues and the deal is still on the table. If it was not there would not be the continued buyback. Why waste your money on something that won't happen? Instead we get buy back trades every day!
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