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Non-Tech : Parlux (PARL) Fragrances -- Ignore unavailable to you. Want to Upgrade?

To: sam who wrote (479)10/29/1997 1:45:00 PM
From: Alan Wojtalik  Read Replies (1) | Respond to of 527
 
Sam,

How does the company buying back shares on the market give management more control of the company? I can see if they were buying shares in their personal accounts... or is it that by reducing the outstanding shares, they make their existing personal holdings a bigger piece of the pie? Any idea how much management owns? Please explain your logic.

Thanks,
Alan


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