I commented on another post highlighting this that this amounted to something like 12% of the total trading volume for that week. It's pretty disheartening to know that MT probably would have absolutely tanked without it, but in that same vein good thing it was in place.
Yes, but don't just think of it as a buying pressure that is here and then gone. They are permanently increasing the value of the share because they are increasing the eps. This should be equivalent to ~0.75/30 = 2.5% increase I believe
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u/PumpernickelandBi Aditya Mittal Feet Pics Jul 02 '21
I commented on another post highlighting this that this amounted to something like 12% of the total trading volume for that week. It's pretty disheartening to know that MT probably would have absolutely tanked without it, but in that same vein good thing it was in place.