Replies to post #18751 on Health Sciences Group Inc (HESG)

[Charlie48]

Do you think they bought back 1.5 billlion shares?

[SupaMario910]

This might be your best post of the night. IF THIS IS TRUE, then the A/S would be 3.5B ASSUMING the A/S is still 5 billion. And the A/S being 5 billion is what is up in the air....

[ThaHandyMan]

7-10-11 good call hence the definition of "retire"

"to withdraw from circulation by taking up and paying, as bonds, bills'

www.dictionary.com

[Sud13]

Well said 7-10-11...Thanks for clearing that up for some folks!!!

A buy-back with retirement means the shares are taken out of the O/S and sent to the TA to be taken out of the A/S. These share are no longer available. They have been retired.