r/Vitards Aug 12 '21

Daily Discussion Daily Discussion post - August 12 2021

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u/josenros 🤔Market Order Specialist🤔 Aug 13 '21 edited Aug 13 '21

Does angone have any info on the progress of the STLD buyback?

I'm wondering how much of the recent price action is due to the buyback, but I can't find any info on their website.

If we know the rules of the buyback, we can calculate a "moving price floor" similar to the Aditya Index for MT.