Jun. 15 at 5:49 PM
$PAPL I believe the current float is only like 8M, so given their IR team's note about the share buyback program (see below), even executing only the
$3M portion of the buyback would significantly reduce the float.
"...the Company’s share repurchase program is active, including the initial
$3 million authorization and the subsequently announced expanded program. The Company is not providing interim updates at this time, but expects to provide an update on the program in connection with its next earnings release."