InvestorsHub Logo

octagramt

12/09/10 9:23 AM

#11302 RE: SunKingBeerPlz #11287

I don't believe the official share structure will be changed, just the functional one, meaning, if the shares are bought back, they will not become restricted shares, thus the official float will remain unchanged, but funtionally, it will be smaller as long as the company doesn't sell its shares, but that's actually the case for everyone that doesn't sell. Point is, you can't look at the float itself as an indication of whether the buyback is occurring or not unless the bought shares were to become restricted.