HerbertDTurbut, Share Buyback6 May 2022 10:03
I commented on Tuesday that to cancel and delete was the whole point of buy-back. I believe that's what e.g. RYA does. However, I have found a company I was previously invested in, YCA, which does buy back then holds in treasury, I assume with a view to selling again. Even so, since ujo is an explorer and producer, and YCA is purely a commodity trader, I expect our model would be cancellation, if/when buy-backs start.