TSX:BPO.PR.A - Post by User
Comment by
pierrelebelon Jun 24, 2024 7:09pm
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Post# 36104164
RE:RE:RE:RE:RE:BPO Short Positions June 15, 2024
RE:RE:RE:RE:RE:BPO Short Positions June 15, 2024
"Why not?"
I suspect the new tax laws may require corporations buying back their preferred shares below par to consider the diference as taxable income (not capital gain)
That could make the operation very expensive, let alone losing the ability to state you have $2,300,000,000+ in " capital". That is powerful tool for a company that depends so much on OPM.