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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$21.32 |
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Mkt cap ! $66.22B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.29 | $53.55M | 2.493M |
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| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1524 | $21.31 |
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| Price($) | Vol. | No. |
|---|---|---|
| $21.32 | 4263 | 15 |
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