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Message: Share buybacks

Apr 19, 2009 10:16AM

Apr 19, 2009 01:20PM

From what I understand, a company is limited in the number of shares that they can purchase on the open market. Only 25% of the daily volume, and they have to buy them on the bid, not ask. Also, not during the first or last 30 minutes of trading.

I think this is accurate but I'm not 100% certain.



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