Comment by
TimeTooSoar on Jul 09, 2024 9:22am
much rather have share buybacks...
Comment by
Thestockguy on Jul 09, 2024 9:35am
Then buy some more shares. The buybacks always seem to come at the highest price. This is great news!
Comment by
goldens on Jul 09, 2024 9:38am
I wonder if that means they have the $25 million in cash plus enough to cover this dividend? Great news and looking forward to the next quarterly.
Comment by
TimeTooSoar on Jul 09, 2024 9:44am
Yeah, I'd expect so golden. That is great news. 0.04 x165,000,000 shares = $6.6 million. Must be $6.6 million over the $25 million in the bank.
Comment by
francoisl13 on Jul 09, 2024 9:52am
Yup, that's exactly what it means, from the press release; “In less than a quarter, our cash reserves have reached targeted levels, allowing more than the equivalent of an additional quarterly dividend to be paid to shareholders.''