Started By
Message

re: Is a company buying back its stock not insider trading?

Posted on 12/12/12 at 9:40 am to
Posted by LSURussian
Member since Feb 2005
127307 posts
Posted on 12/12/12 at 9:40 am to
It's my understanding that the buy backs are not considered insider trading and are legal because the companies announce in advance of the buy backs that they plan on doing so.

So the information about the buy backs is publicly available.
Posted by CHSBears
Baton Rouge
Member since Aug 2007
779 posts
Posted on 12/12/12 at 10:36 am to
Now this is a buyback!

LINK

Posted by el duderino III
People's Republic of Austin
Member since Jul 2011
2387 posts
Posted on 12/13/12 at 2:38 am to
quote:

not considered insider trading and are legal because the companies announce in advance of the buy backs that they plan on doing so.
this. i dont think they technically have to announce it, but when the buy order is put out it's made public. As long as everyone knows about it, it's not inside information, it's just used as an indicator for the relative strength of the company. plus there are a ton of timing and quantity restrictions to prevent price manipulations like pump and dumps as well.
This post was edited on 12/13/12 at 2:49 am
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram