RE:RE:RE:RE:RE:RE:RE:share buybackHotDiggityDogg wrote: Ok. Does anyone know how many shares WELL has bought back since their issued their NCIB program? I'm just wondering when this was deployed as the share prices went from 9$ to $3.80 during the time NCIB was effective. While I agree with WELL's decision not to buy its shares ( hope they have better ideas as to what to do with the money ) I'm very skeptical about this whole NCIB. Please correct me if I'm wrong and WELL has been buying its shares during the last 8 months.
in the previous link I shared it mentioned they did not exercise on their right to purchase under the NCIB
in my view it was a manoeuver to put a floor on the stock after it got whacked with the short report which was released after the CRH acquisition
WELL has better uses of their cash, IMO