Jack this is a tool that is used to return shareholder value.
I don't undersatand. You said 1 of the goals for a share buy back is take the company private? One of the limitations of a normal course issuer bid is that the number of shares allowed to be bought back is limited to a maximum of 2% in any one month or a maximum of 10% over the course of a year. Additionally the number of shares remaining outstanding must meet minimum requirements of the TSXV for a reporting company.