EconomyWhy CoinShares’ 25% buyback plan might recycle shares to employees instead of shrinking supply
CoinShares is seeking authority to repurchase up to 25% of its issued ordinary shares, but the shares could be held in treasury and later resold, awarded to employees or cancelled. The proposal therefore does not guarantee a lasting reduction in the share count. Shareholders will vote on the buyback and related equity-plan resolutions at a virtual meeting on Sept. 15.
Why CoinShares’ 25% buyback plan might recycle shares to employees instead of shrinking supply
Economy