This is not a bad move, the short term pain is worth thelonger term gain. Aphria cleared up some notes, buying them back with nearly 19 million shares at a 25% discount with a 31% premium on the current SP. This gets rid of a 5 million USD in interest servicing costs. As well as enhances the balance sheet. Make no mistake thou this is dilution thou. The 80 million USD is covered by the nearly 19 million shares @ 4.84 USD and a little cash 3 million nearly. Again short term pain for long term gain. It is reduced debt.