Subject: Re: Buybacks
I keep seeing post about this. As I understand it the they only had to report through the first two weeks of April. Remember, the price started going down a lot in the second half so I would assume they bought back more but we will see it in the next quarter.

- Greg goes on CNBC 3/5/26 and announces they resumed buybacks on 3/4 (IIRC).
- The stock pops up to $500 on 3/5/26
- They buy just one days-worth at $729.7k/$486.92 (presumably all on 3/4/26)
- They buy nothing from 3/5/26 through 4/14/26, even though the price was below the previous buyback price most of that time.
- Greg on Saturday gave the usual criteria for buybacks - sufficient liquidity, below IV conservatively calculated.
- The business seems to be chugging along nicely.

The only palatable explanation is they wanted to wait to buyback in volume until after the meeting.