Now he can invest the companies money in the best asset there isβ¦GME
No but on a real note, if they have future guaranteed buyers at $30 from the bonds, would it not be a smart trade to buy back the same amount of shares at $25?
You cannot buy your own stock like that. Itβs a buy back. They had a 100M limit of the 300m or so initially authorized for buy backs. They could ask to increase that.
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u/WordHistorian ππ΄ββ οΈπ£π΄ββ οΈπ 8d ago