I missed this little noteTrying to figure out how MPV ended up owning 10% of itself in the last 90 days... I again went through the last Management Discussion & analysis (MD&A) dated 31 March 2016, and I discovered that MPV earned nearly C$20MM on interest rate and currency hedges in Q1 2016, which MIGHT account for about 20% of the share purchase, should the funds be used for that purpose... one down, four to go, so to speak.
No hint at all of a share repurchase in that document.
Still wondering where all the shares came from. Any ideas?
Maybe - just maybe - they came in an off-exchange deal. Would be interesting to look at older major holders lists, and see who disappeared. Desmond Sharkey, perhaps? Doing this from memory right now...