RE:Another big buy back weekThanks for the information. The buybacks definitely make me feel a little better, as BPY in fact did not at all step back from purchasing. Although it does conflict a little with the extremely cautious tone struck in CEO Kingston's Business Update release in March re COVID.
Nonetheless, In the month of March, BAM purchased 3.8 million shares of BPY and BPY repurchased 8.6 million shares of its own stock. Total - 12.4 million shares.
(To put things in perspective, the "$500M Dutch Auction" conducted by BPY in March 2019 which targeted to purchase like 23 million shares at a maximum price of US$21 per share only generated a total share purchase of 18.5 million shares - it is totally crazy how they can now just buy the same level of shares 12 months later in the open market)
I suppose they did all these repurchases prior to be blacked out until the earnings release May 11.
Vette