True North Commercial REIT T.TNT.UN

TNT NCIB Weekly as of 2024-02-09

[gold_diggers1]

The Summary as of 2024-02-09 has been posted in the group "TNT NCIB Summary".

Anyone who is interested may request to join the Group.

During this week, TNT did not buy any shares on Thursday Feb 8th. 
I did not see the filing anyway.
DD remains to be blacked out.

GLTA

[giovinco]

This post has been removed in accordance with Community Policy

[BlueJay2020]

Go on, tell me exactly how a buyback is a transfer from sharehokders to the company.    

[HyperCube]

Shareholders own the company. So if you transfer wealth from shareholders to the company, you are effectively transfering wealth from shareholders to shareholders. Therefore that is somewhat meaningless. The real wealth transfer that occurs is from some shareholders to other shareholders. Depending on whether the units are bought under their true value or above their true value, the transfer goes

[luscar99]

This post has been removed in accordance with Community Policy

[HyperCube]

I don't think that is the right way to look at this. In my opinion, buybacks are beneficial if they increase the wealth of hypothetical investors who would invest only in that stock compared to their wealth if there was no buyback. If you think that another stock is more profitable, then you should sell and buy that other stock. TNT should try to maximize the gains for those who invest