Hello, Naga: 1. There was 8 mln shares before buying back, and they bought a little bit more than 50%.
2. I believe somebody accumulates them. If you check activities on FINRA you'll see a lot of broker transactions - and very little sales. In my understanding, this is preparation for buying back all outstanding shares.
3. Not bad pricing we have now! - above $22 on average, and approaching $23 often.
not interested in selling! They called them once and i believe that there are still 4 million quibs still outstanding. I do not think that i must sell if called!- they need to give me a huge premium! I own 5000 with an average price of $6.50 for the past 3 years- the return of course has been very pleasent! $2.00/yr for 3 years and $16.00 appreciation. Currently yielding almost 9% symbol 432848307 on finra.org