Chapter 17

Dave half ran to meet Andy, his face looked extremely panicked.

“Sir, you should check your email and also look at the stock movements. It's an emergency!”

Andy then looked at his laptop to see what was happening. His eyes almost popped out when he saw the drastic decline in his stock price.

Many shareholders, investors eventually planned to divest their shares by selling them in bulk. Of course, this was not beneficial for Andy.

“Dave, how much money does the company need to buy back their shares? I don't want strangers with me.”

“The finances of Blain Corp are not so good, Sir. However, the finances of your private company are more than enough to buy back all those shares.”

“Do your best, buy back our shares. Make sure none fall into the hands of others.”

Andy repurchased the shares because he wanted to consolidate ownership, maintain stock prices, return stock prices to their real value, improve financial ratios, or reduce capital costs.

An action commonly taken by companies. Entre