No. of Recommendations: 11
A wild guess as to how many buybacks there will have been in Q4.
October: 200 A-share equivalents
November: 115
December: 100
My guesses were considerable underestimates for October and November, but at least the December guess was pretty much spot on:
The actual numbers:
October: 1815.0 A-share equivalents
November: 2145.4
December: 103.0
The total for the year was extremely similar to the total in 2022, both much lower figures than the 2020 or 2021 rates.
The highest monthly average price paid per B share remains the September figure of $357.22. The figure has been rising maybe 2.50 - 4.00 per month in the last couple/few years. (For some months there are A shares purchased but not B shares. If you want to see what management might might have paid for B shares, the average price paid per A is hovering around 1540 times the average price paid per B, so you can convert using that number.)
Jim
