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Bullboard - Stock Discussion Forum Real Matters Inc T.REAL

Alternate Symbol(s):  RLLMF

Real Matters Inc. is a Canada-based technology company. The Company provides network management services platform for the mortgage and insurance industries. It provides residential real estate appraisal and title services to mortgage lenders in the United States of America and residential real estate appraisal and insurance inspection services in Canada. Its segments include U.S. appraisal, U.S... see more

TSX:REAL - Post Discussion

Real Matters Inc > share buyback
View:
Post by sunshine7 on Jan 29, 2021 10:03am

share buyback

"We were active in our normal course issuer bid in the first quarter this year, purchasing 1.2 million shares at a cost of 18.9 million.”"

Average
US$15.75 = C$20.15

They must be active in holding the line here?
Comment by VueConnect on Jan 29, 2021 10:44am
Desperation? Holding the line for sure. des·per·a·tion /desprSH()n/ noun noun: desperation a state of despair, typically one which results in rash or extreme behavior.
Comment by VueConnect on Jan 29, 2021 10:55am
CEO is selling shares. Company is buying shares. WTF., one hand to another. Options: Issue a dividend with the spare cash. Or buy some business elsewhere.
Comment by ferret_ca on Jan 29, 2021 1:18pm
so how is it that smith as able to legally sell shares just before an earnings release, doesn't seem right to me, I was looking to buy back into this one but this is one shaky market right now. 
Comment by VueConnect on Jan 29, 2021 2:21pm
Explained multiple times already: See here: https://stockhouse.com/companies/bullboard/t.real/real-matters-inc?postid=31945416 It's set in place until Aug 2021 and cannot be changed. The share buybacks have been going on for quite some time as well. The two actiions seem contradictory that's all. Very frustrating. Clearly earnings and share price are disconnected. Growth stock turning ...more  
Comment by Copperrun on Jan 31, 2021 11:21am
They are pre-set donations it's out of his hands this happens daily but with the amount of volume it's a middle in the hay stack