RE:RE:RE:share buybackHotDiggityDogg wrote: Is there a way of finding out exactly how many shares WELL has bought back during the 10 months when this NCIB has been out in place ?
my experience with my other stocks has been that NCIB is something companies put out just to give people the " feeling " that management is supporting the stock. NCIB is different than share buyback program that is currently being done by Oil companies who have excess cash and give the money back to shareholders via buyback ( instead of a dividend )
You're exactly right. I said this before here that's it's standard practice to apply for a NCIB for publicy traded co's. Of course, I was labelled a basher.
I could have missed it but I didn't see where they specifically said they were going to do a buy back. I'm sure someone will point it out though if that comment does exist. :)