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Bullboard - Stock Discussion Forum Tilray Brands Inc TLRY

Alternate Symbol(s):  T.TLRY

Tilray Brands, Inc. is a global lifestyle and consumer packaged goods company. The Company operates through four segments: Cannabis operations, Distribution business, Beverage alcohol business and Wellness business. The Cannabis operations, which encompasses the production, distribution, sale, co-manufacturing and advisory services of both medical and adult-use cannabis. The Beverage alcohol... see more

NDAQ:TLRY - Post Discussion

Tilray Brands Inc > RE:Simon would never do a reverse split!!!
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Post by quinlash on Nov 20, 2024 8:48am

RE:Simon would never do a reverse split!!!

Simon mentioned a share buyback program being possible in one of his more recent interviews.  He could do that sooner than later simply by delaying the next merger deal and redirecting the ATM funds to buy back shares.

Considering the ATM was mostly filled at much higher prices it may be possible that a share buyback program could actually buy back more shares than what was issued under the ATM.

Would be a master level move IMHO
Comment by Maersk on Nov 20, 2024 9:15am
Tilray did lend out their shares for shorting before, so I suppose they could be shorting shares directly to skip the middlemen. Genius or madness?  
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