TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on Mar 10, 2020 4:49pm
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Post# 30790284
Share buy back
Share buy backAgree with Calgaryrider. Does the Board not have an opinion? A least having an normal course issuer bid approved by the TSX would enable IBI to put a floor on the share price. On days like today(Mar 10/20) when the market rebounded, IBI drops on shares being dumped in the last few minutes of trading. About a month ago IBI share price was approaching 6 dollars and now with large debt repayment, meeting expected results and a strong outlook it now approaching 4.50.
A share buy back at these ridiculous prices would reduce their purchase price to go private.
Has there been any insider transactions lately???