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Company to repurchase 2M Stock

@Alvinnnnnnn89 Sir, am i reading this correctly? The company is going to repurchase co 2M common stock. And it looks like they did a recount of shares. which is a total of 10M+. If this happens! It will shrink the float! therefore a good catalyst for increase ? what is your thoughts?  I think, and maybe plan to hold till its over. then wait for outcome.
apologies if to small to read
Company to repurchase 2M Stock
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