share buyback. how does it work?, page-2

From my understanding from the announcement. it's based on a 'on market' buy back in a 12 month period.

I would assume that OZL would buy at market like any investor but spreading the buy back in a 12 month period ie. $200,000 mill / 12 months = approx 16mil per month.

That would give them $16mill to play with per month and buy back their shares at market price.

That's how i see it.

Any thoughts? All guess work here total newbie