Subject: Re: ADT.
I agree. I noticed that a few of the value orientated funds had been nibbling around the $8 mark and they've also announced a $1.5bn share buyback through to 2029.

I was looking at the shares outstanding and although they've had regular small buybacks the share count has been increasing despute management saying they are shareholder friendly.

AI suggested a closer look at the "Private Equity Overhang" and their looking to exit their position at the expense of other shareholders through buybacks and dilution. Any thoughts on that?