Post by
Nordico on Nov 07, 2024 4:22pm
Buybacks incoming
Bomber's current buyback program, ending April 2, is for 1,750,000 shares. So far they've purchased 185,885 shares, all in September in the $93 to $100 range, ceasing once the SP rose above $100.39.
In the current quarter the cash is flowing in from deliveries and they now have an opportunity to buy back tens/hundreds of thousands of shares that the Street is putting up for cheap. Let's see how much they buy, when they report Nov buybacks on Dec 9th or 10th.