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At Dec. 31, 2020, the company had cash of $848-million (with no debt), an increase of $141-million or 20 per cent from $707-million at Dec. 31, 2019. Cash at Dec. 31, 2020, was unchanged from the previous quarter-end, mainly reflecting the significant capital returned to shareholders during Q4 2020. This was on Jan 12 . With earning of $ 555 M in 9 months to Sept 30 additional cash just in 6 weeks in 2021 produced around an additional cash of $ 60 M to the $ 848 M for $ over US 900 in the bank or $ 1 200 B canadian $ in the bank. Best advice to Tony :while you wait to commit some cash , opportunities are aroud the corner and acquisition cost are going to be much lower than 2 months ago. Same thing for buying back some shares. In memory acquisition so far to 31 dec 2020 was $ 51 /sh At the moment Kl could have a 10% discount ...on the buy back share buyback program.
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