Friday, March 30, 2012

Conrad Industries ($CNRD) - Share Buybacks During Q1 2012

I just worked backwards from some stuff in the filings - they bought back 59,881 shares in Q1 2012, so probably about another million worth!

This means I was using an incorrect share count during my previous post. I will correct next time I update. The result should be slightly higher valuations since they bought back more shares than I thought at an accretive price.

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