Post by
Jonathan9 on Sep 12, 2024 12:49pm
NCIB - Class A
Looks like they are repurchasing shares. Started August 13th. Buying back a few thousand shares each day up to end of August. Daily limit of 5833 shares to max 1 million yearly limit.
Looks like 35,300 shares repurchased in August. My guess is it has continued in September.
Small value, but overall I would view this as a positive.
They are buying back stock at these levels.
Comment by
Puma1back on Sep 18, 2024 11:57am
so Acumen are still in for their 2,000 or so a day. Frankly i think debt reduction might be wiser as it is a permanent use of $ whereas a market tank would take all ships lower and voila, they will have flushed more cash down a whole than required.