You can see how botched the whole thing is when the buyback form...

You can see how botched the whole thing is when the buyback form has a section where you can select the minimum price you will accept for the shares and you can select from $19.50, $20.50, $21.50 or $22.50

The idea being you can elect to participate at the final buyback price as long as it is at or above your minimum price

At today's closing price the MAXIMUM you could get would be $19.33 ($21.02 with an 8% discount) making that part of the form completely useless as if you elect to participate at all it will definitely be below the minimum.

We could only dream of a minimum buy back price of $22.50 after the discount !

It needs a miracle recovery in SP or the whole thing is a huge embarrassment