Actually, frenchman that is not the case. Have a look at the data on NYSE and NASDAQ that demonstrates the muted impact buybacks have on share prices.

Typically, share buybacks should only be done by companies that are awash in cash after paying out dividends and having limited acquisition opportunities available to them.

Why? Share buybacks are considered a poor use of capital.

In any event, that is moot with respect to any small / micro-cap company where cash is anyting but abundant, especially in this market environment. Hence, why you rarely see buybacks on the TSXV.

Best,

George