I don't know, maybe they are trading in their own stock? They are a net purchaser of their own shares though. In 2022 they actually returned >10% of their market cap to shareholders in dividends and net buybacks.
No idea but then I didn't take a close look at it. I saw it was trading for $1.19 and just hit the sell button. Maybe management are buddies with insiders of the buyer group?
Just fyi, I like this format of small updates in the blog.
Re LABB, what does 'sale of repurchased shares' mean? They are selling stock in 2020,'21,'22, and '23? While simultaneously repurchasing shares?
I don't know, maybe they are trading in their own stock? They are a net purchaser of their own shares though. In 2022 they actually returned >10% of their market cap to shareholders in dividends and net buybacks.
thanks for your updates. This learning is great for newbies.
I, for one, am glad to get a mail for every little update!
Can't please everyone, I guess ;)
Any ideas on why the Board took this one in favour of Tang's ? Thanks
No idea but then I didn't take a close look at it. I saw it was trading for $1.19 and just hit the sell button. Maybe management are buddies with insiders of the buyer group?
Yeah, fair. Thanks