Just Energy Group Inc. (Canada) T.JE

RE: Share buy back

[5F09A]

Great post dmx - It's a bit like being on a treadmill......  You need the DRIP to help sustain the dividend, conserve cash you don't have....  but the DRIP increases the share float, dilution....  So you need to buy back shares to reduce dilution, but that burns that same cash you don't have....  You either need to generate more cash or cut the dividend again, seems simple......  I guess there is always that magic accounting solution.....