May. 27 at 8:22 AM
$WRD it's possible I missed some filings. There were a lot to go through. Most were made on the NAS market. The others on HK market.
All in, they repurchased over 29MM shares that sit in treasury at prices paid not the current price.
102MM shares are authorized for the current buyback. I doubt that happens.
Not to many companies buyback at this level. Are they doing it to support price? Without the buybacks would WRD be
$4 or
$5?
I don't know. Tony said they are doing the buyback bcs he feels WRD is 1/40 the value of WAYMO and said that Weride is severely undervalued.