Share BuybacksCompany has repurchased 10% of the total they are allowed in about a week or so, given that they have authorized 40M over a 1 year period.
IMO the scale of these buybacks in such a short amount of time and as a percentage of the overall share volume IS driving the share price higher.
i don't understand why they would do so much so fast. I have been and am in favor of these buybacks but the near term scale is a bit excessive.
I hope KH and the BOD have a plan to do a Substantial Issuer Bid IF this NCIB is completed substantially before the 1 year deadline.