I started a thread ages ago (like well over a year), about a theoretical buyback for a company with a negative EV. Which SHE is definitely in that position right now.
Since company cash balance is higher than the on-market MC implies - in theory SHE could buyback a whole heap of its stock and effectievly be buying it's own cash at a discount. Reducing SOI, increasing EPS, and likely increasing overall MC would be the outcome.
Is this a good use of company cash? I'd vote yes
Share price recovery, page-57
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