SIB and Further Repurchasing There has been a fair bit of chatter here regarding the share repurchasing Arc is executing on. During the share holder meeting, Terry mentioned the potential for an SIB, which would lift the 10% share repurchase limit associated with a NCIB.
I believe this is a great move when the market is as detached as it is currently. These companies deserve to have market evaluations that reflect the free cash flow they are producing, and if they cant get that in the open market, may as well privatise is further.
Putting money into the bit will only decrease overall market prices further, and not produce any share appreciation. When politicians like sleepy Joe are doing everything in their power to decrease your income stream, its time to watch out for number one.