Post by
Tsmith on Sep 12, 2023 1:50pm
Authorize reduction in common shares
Authorize a reduction in the stated capital account of Quarterhill’s common shares in the amount of $120 million
This was in the annual presentation meeting homework can you explain what is so funny about this. If you or someone on this board can tell me if this has any relivance going foward please tell me
what is the purpose of this reduction in common shares reduction of capital.
I am trying to have a serious conversation not everone is as smart as you in investing
Comment by
cabbieJBJ on Sep 12, 2023 8:35pm
Tsmith, why don't you, on behalf of this board, contact QTRH and ask them to explain the motion. Sharing that info would be an excellent contribution to the board. In previous posts, you've mentioned QTRH buying back 50 million shares. Not going to happen, at any level IMO. Resources will be spent on growth initiatives.