RE:RE:RE:RE:RE:RE:RE:CEI?Yeah, thats how stock options work and I think everyone understands that.
What you don't seem to understand is that without an NCIB those stock options happen anyway and the issued stock has a dilutive effect. With an NCIB that dilution is limited or reversed.
You also don't seem to understand that dividends reduce share price by the value of the diviidend every ex-dividend day and whether we are "better off" with dividends instead of buybacks is debatable as buybacks are currently not taxed and dividends are.
Your failure to understand executive compensation does not mean management are "outright lying" to you it means you don't grasp the basics of corporate pay structures and need to do more due dilligence as it is you that is misleading this board about shareholder returns and if you are doing it on purpose and not by mistake then it is you who is "outright lying".
GLTY and all
mnztr wrote: I don't think you understand how exeutive stock options work, They have a strike price. So these guys are iissuing new stock at $12-$15, and they are claiming the fulll value of the stock they buy back through NCIB as a "shareholder return" when really its only the delta that is "return" . That is an outright lie. We would be much better off is they paid the execs wiith cash and spent what they promised on NCIB and divvies.