RE:RE:RE:RE:RE:RE:RE:How Urbana could be a hot IPO-related storyLike you, I have sometimes been dismayed by Thomas Caldwell's downplaying of the NCIB, and especially by some actual pauses in repurchases.
Yet, almost every year Urbana buys back gobs of stock at fifty to seventy cents on the dollar, and this is clearly a huge factor in the growth in NAV over the years.
There are plenty of companies that announce NCIBs with great fanfare, then proceed to repurchase piddling amounts of stock. Urbana are the exact opposite. They cause plenty of indigestion, but they get things done.