DUTCH AUCTIONNothing wrong with a Substantial issuer BID (SIB) which can be in the form of a Dutch Auction.
A dutch auction is fair from the shareholders point of view because they are not compelled to participate or can choose their price.
The company has enough $$$ to easily buy back a substantial wack of stock, 50% plus. Can we pressure them to do it or face a Special meeting.
Who is this Saudi Investment fund than owns a bunch of shares?