Share repurchases.Just another reason for the buyb
Post# of 22940
1 dedacated MRVB for buybacks.
Not just only to help the share price toward the uplisting goal.
But also maybe the following a little bit?
Keep the wolf away from the door now that TPAC is starting to cook.
"Share repurchases avoid the accumulation of excessive amounts of cash in the corporation. Companies with strong cash generation and limited needs for capital spending will accumulate cash on the balance sheet, which makes the company a more attractive target for takeover, since the cash can be used to pay down the debt incurred to carry out the acquisition. Anti-takeover strategies, therefore, often include maintaining a lean cash position and share repurchases bolster the stock price, making a takeover more expensive."
https://en.wikipedia.org/wiki/Share_repurchase