$Exela Technologies (XELA.US)$What does the company mean by ...
$Exela Technologies (XELA.US)$What does the company mean by buying back shares at 1.25 per share? Ask the great god for advice.
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Dadacai : 是这个吗?https://www.google.com.sg/amp/s/sg.news.yahoo.com/amphtml/exela-technologies-announces-share-buyback-110000015.html
~ shareholders can exchange 25 common shares for $25 tradable notes due in 2029 at an annual interest rate of 6%
~ the issue price represents an 82% premium to the closing price of US $0.55 on January 25, 2022.
~ the tendered shares will be eliminated, and the number of shares will be reduced by about 29%.
~ participating shareholders should instruct their brokers to bid for their shares in advance before midnight EST expiration on February 24, 2022, giving their brokers sufficient time to bid for their shares.