RE:Repurchases so far from NCIBGoldenInvestor wrote: - has there been more than the 450k, as recently discussed?
- with total NCIB potential , when management sees favourable, they could originally Re-purchase up to almost 8,000,000 shares.
- so with approximately the 7,500,000 possible share redemption remaining, and operations continuing to evolve at a less restrictive, or adaptive post-covid pace, profits from increasing sales will be going to significantly less shares.
Of the 8M shares that we can purchase, we've purchased a little over 2.5M from my calculations. It's a slower pace than last year but we're on pace for ~5M shares, which would bring us to around 110M shares.
Totally agree on your last statement and that's why share buybacks are so powerful with rising earnings / cash flow.