A capital return would only be considered a reorganization if it were altering the capital structure of the company in a substantial or permanent way.
say for example a winding up situation.
if the capital structure of the company is not really changing, and the buyback is just funded by earnings it’s not a reorganization, this buy back doesn’t change the capital structure of the company, therefore it is definately not a reorganization.
FMG Dividend, page-124
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$20.10 |
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Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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