Post by
sportstermathew on Nov 05, 2021 11:25am
Buyback shares to go private???
Ok, I have a question.
They keep talking about these companies being able to make enough money in three years to actually buy back all the shares and go private.
So I am at a loss to understand who is it that actually owns the remaining company?
Is it say 500 remaining shareholders? that would own a part of it?
What are the limits to the numbers? How do you trade the shares or positions?
Don't get me wrong, if they kept buying back shares I am sure the share prices would skyrocket and they would still have to pay a ton out to the remaining holders???
Any ideas?
Comment by
houbahop on Nov 05, 2021 12:26pm
Take can force you to sell your shares at a predefined price if 90% of the shareholders agree to the buy out.
Comment by
itsalie on Nov 05, 2021 4:30pm
it's really just make a point that free cash flow can wipe out all debt rather quickly. The fact that the banks are not to lend them oil money anymore is a bit concerning so they all want to repay debt quickly.
Comment by
PipelessPauper on Nov 06, 2021 1:02am
You literally just explained why buy-backs are one of the most powerful tools for an undervalued companies companies to raise its share price... How many remaking holders?? answer: I don't know, but we're gonna see how high the share price has to go and find out!! enjoy the ride folks