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A comment on Airlines want to cancel rule requiring them to refund fares for canceled flights. Parent comment

Re:Airlines want to cancel rule requiring them to refund far... by xyzzyz on Tuesday April 07, 2020 @06:37PM (#22808210)
We are talking about publicly traded companies here. You can always participate in the buyback: just sell your shares, they're publicly traded, so there should be no difficulty. It doesn't matter much who's on the other side of your trade, as the arbitrageurs will ensure that the buyback is priced into the spot price.
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Re:Airlines want to cancel rule requiring them to refund far... by clairity on Tuesday April 07, 2020 @06:44PM (#22808274)
many companies have multiple types of stock, and only publicly trade a portion of their shares (i.e., not treasury stock) and often only certain classes of their stock. sometimes they trade less than half of the total shares, which is how you can have majority privately-held companies trading shares publicly.
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Re:Airlines want to cancel rule requiring them to refund far... by d1zzy on Tuesday April 07, 2020 @07:33PM (#22808621)
Also, to avoid insider trading issues, companies restrict the times in which shares are allowed to be traded by employees.
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