RE:RE:RE:RE:RE:time for AF and team to get SERIOUSClarence, there are buyback (NCIB) rules the company has to adhere to.
Pursuant to the Bid, the Company may purchase up to 3,789,740 Shares, representing approximately 10% of the public float.
In accordance with TSX rules, daily purchases made by under the Bid will not exceed 66,726 Shares, subject to certain prescribed exemptions, which is equal to 25% of average daily trading volume on the TSX for the six calendar months ended which was 266,905 Shares.
https://ir.avigilon.com/Investor-Relations/News/News-Details/2015/Avigilon-Announces-Normal-Course-Issuer-Bid/default.aspx
Canaccord and PI Financial have been doing most of the buying yesterday, with Anonymous transactions making up most of the net selling, roughly 25,000 shares. The market is balanced at this point, although it might change next Monday due to options expiring today.
Remember their access control offering is mostly software so their margins are very high and they add value to what exising hardware vendors provide, allowing both to get more deals.
Regarding the building, you should read their announcements and listen to previous conference calls. Their real estate expenses will be reduced significantly compared to renting their current space, so financing a building at today's low interest rates is smart business.