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Bullboard - Stock Discussion Forum Quarterhill Inc T.QTRH

Alternate Symbol(s):  QTRHF | T.QTRH.DB

Quarterhill Inc. is a Canada-based company, which is engaged in providing of tolling and enforcement solutions in the intelligent transportation system (ITS) industry. The Company is focused on the acquisition, management and growth of companies that provide integrated, tolling and mobility systems and solutions to the ITS industry as well as its adjacent markets. The Company’s solutions... see more

TSX:QTRH - Post Discussion

Quarterhill Inc > Authorize reduction in common shares
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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. 
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