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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by markvrdon Sep 07, 2011 11:07pm
447 Views
Post# 19020856

reported buyback progress since may

reported buyback progress since mayI decided to use SEDI transaction reports to try and figure out how far along the buyback program has progressed since May when announced. YLO.PR.A is done. YLO.PR.B approaching half done. YLO.PR.C is only about a 10th done. YLO.PR.D is about 1/5th done.

Series 1/A:
target: 1,127,882
complete: 1,232,948

Series 2/B:
target: 1, 684,028
complete: 772,116
Series 3/C:
target: 830,000
complete: 77,310

Series 5/D:
target: 500,000
complete: 172,964

These buybacks cover about 56.4 million in debt.

Here are the commons (mostly from the early goings of this program in May/June:
target: 51,782,537
complete: 11,252,884

So, about 1/5 done. Around 40 million was spent on this buyback.

Buyback targets represent 10% of shares issued in each series and come from PR here:
https://www.ypg.com/en/newsroom/503-yellow-media-inc-announces-toronto-stock-exchange-approval-for-its-normal-course-issuer-bid-in-respect-of-its-common-shares-and-series-1-series-2-series-3-and-series-5-preferred-shares


A bunch of series 2, 4,5 and 7 notes were also reported on SEDI. I haven't gotten into those yet.


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