november buyback active every trading day in november, with max allowable of 3,886 shares per day on majority of days.
currently spending $900k-1million per month on buyback. helps against total lack of liquidity in both chw and small cap mkt in canada in general.
increased dividend of $0.05 per month beginning next month another $900k per month.
combined, $1.8-1.9 million returned to shareholders per month on run rate means annual capital return run rate of $22.8 million against market cap of ~$196 million. 11.6 percent shareholder yield.
sensible use of capital while playing defense cause of recession risk.