TSX:TECK.A - Post by User
Comment by
Goldenringon Dec 20, 2011 9:05pm
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Post# 19340283
RE: RE: RE: from stockchase
RE: RE: RE: from stockchaseThanks for the clarification, I thought they look at the share price and say we know its worth more then its trading at so lets buy our own stock and when the price does eventually head back up they can just turn around and sell it back into the market, so thank-you didn't realize that they buy it back up just to cancel the shares out. I guess at the end of the day its got to be good for the share value eventually.