How to Buy Back 80% of Shares in the Last 10 Years

Monash: There is magic in buybacks and the magic really starts happening when you start taking out more than 80% of shares. If a company is not able to invest in its own business at high returns on at a high rate of return, they don't have appreciation for buybacks. And yeah, then they should dividend it out of course, that's the only choice left rather than letting it sit on the balance sheet and on, on nothing or so on. So with that, I'll invite the students to ask any questions that they'd like. She's the raise hand tool. Monash: Thank you. We'll basically go to going over what you have on your mind