Post by
Maxmoe on Sep 02, 2022 9:47am
Ncib
Sedi filing for august should be filed today, or maybe Tuesday. We'll see if bte continued, reduced, or stepped up its NCIB buying. I expect continued, which by the way means they bought back and canceled stock EVERY SINGLE DAY since the NCIB started. They bought 4.9 million shares in July. So to me "continued" would be same number plus/minus a million shares.
Comment by
Maxmoe on Sep 02, 2022 4:25pm
Filed today. Another 3.8 million shares purchased and cancelled under NCIB during august. Bought stock every day again
Comment by
BayStreetWolfTO on Sep 02, 2022 4:35pm
Yes, May-Aug over 18M shares bought back. Annualized 12.6% In 4 months call it 3.1% of the float Annualized that is a yield of 12.6% Paying debt and giving me 12.6% in share buybacks annualized. Sleeping well