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Bullboard - Stock Discussion Forum Radiko Holdings Corp GEATF

Radiko Holdings Corp through its subsidiaries, is engaged in cannabis product manufacturing and distributing. The group generates revenue from licensing fees, royalties and agreements with companies who distribute and sell products in the Cannabis Industry, as well from the direct sale of merchandise such as clothing, paraphernalia, posters, and other products. Its other brands include La Vida... see more

GREY:GEATF - Post Discussion

Radiko Holdings Corp > re: RE:RE:Share buyback to be announced May 27
View:
Post by CanadaBuyer on May 26, 2020 5:40pm

re: RE:RE:Share buyback to be announced May 27

What is a Share Buy Back ?  Please explain .  Thank you .
Comment by Mairsy on May 26, 2020 6:13pm
It is where the company purchases their own shares and retires them upon purchase to reduce the number of outstanding shares. The total share count decreases and increases the value of the remaining shares... Hope this helped! GLTA Mairsy
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