% | $
Quotes you view appear here for quick access.

Jade Art Group, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • whbuncensored whbuncensored Feb 17, 2012 1:34 PM Flag

    unusually low trading-volume

    Is there a rule that share-buybacks can only be done by currently reporting companies
    or that they must be publicly pre-announced?

    Suppose a company is being prevented from reporting by forces beyond its control.
    Wouldn't shareholders be harmed by a rule preventing share-buybacks under such circumstances.
    Wouldn't it be a fiduciary duty of the Board of Directors to authorize a highly favorable repurchase-program
    and ensure it's timely performed on the most advantageous terms possible.