That sounds like a strategy for the super patient. It is the digital age now and there is no reason why each individual car sale can't be put on a database in real time. It is only one step then to derive the profit from each sale and reward shareholders with a consummate micro-dividend worth fractions of a cent on each sale. Then you guys could sit glued to your internet bank accounts, potentially watching hundreds of TRA dividends come in per day.....
SNOOPY
You have a point.
A few months ago I had Turners ads poping up all the time saying "Since you last looked Turners have brought another 100 cars."
I did suggest to Todd, shareholders would much prefer "Since you last looked Turners have SOLD another 100 cars."!!..lol.
Seemed logical since they are buying the shares back on market on behalf of TRA.
I doubt they would be buying 180,000 in one chunk. That said, lets wait till tomorrow to see how many they bought back. I'm pretty sure its not part of the buyback. Total volume today is about 274K shares. They do not want to buy more than about 1/4 or 1/3 of daily volume.
That said it might still be FNZN or any other broker, but for a client and not TRA.
I forgot about this rule and thought it was daily but I see it is weekly, so there can be aberrations from the 30% on a daily basis: "it is intended that the purchases by Turners over a one week period will not exceed 30% of the volume of Shares traded over that one week period."
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