I cannot clarify any of your questions, because it is still a mystery to me. I posted a definition of two criteria on which earnings per share are figured. I have no idea how this applies here.
I can only guess why they company made this decision. They have reduced the number of shares they own, but they have left themselves the option of taking them back, so they have not closed themselves out from what they own.
What advantage it is to have done this, I can only guess. Does this help with the Canadian Exchange listing? Does it help with stock price once sales begin? Other reasons?
As you see, I am only guessing.
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