GREY:CHWWQ - Post by User
Post by
Nashville35on Mar 04, 2021 6:29am
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Post# 32712673
buyback stats from feb
buyback stats from febv good sign - the insider buying and how committed company is to buyback
february stats just filed:
active every trading day of february - bought back 97,775 shares at average price of $9.07 - daily maximum allowable is 5,995 per day so buying back at 86% of allowable.limit. during blackout period, chw gives broker rules prior to blackout on how to proceed. on release of results, blackout will finish
total annual allowable buyback is 10% of public float so ~932,000 per year so company avg monthly buyback would be 77,666 shares so chesswood doing more than that. another good sign
with insider buying and cont'd buyback, and results of other lenders, staying long.