They can do that if they want to anyway by issuing new shares. The treasury/cancellation thing is purely a technicality.

New shares can be issued and given to management though. It really doesn’t make a difference.

Literally makes no difference. Whether in treasury or cancelled, they aren’t used in any calculations. It’s purely admin.

For me this is a bit like #CRL where I watched patiently for two years - like then, I am primed and ready to go… when - and if - there are green shoots. I doubt they will overreact to the upside when (if) that time occurs.

#NXQ :-( Despite all the turmoil, it does look remarkably cheap now, but I’ve been here before…!

*ticker, not ticket!

Making up a hybrid hashtag with #CRL.L hurts my brain as it’s neither the EPIC nor the RIC.

For someone who uses both day-in, day-out, using this bastardised system gives me the same feeling in my stomach as when I see American spellings and punctuation (i.e. I throw up a little bit in my mouth).

So Creightons for example is CRL as we know it, but CRGT.L on Refinitiv. Occasionally people have used the .L suffix on X because their data source happened to use Refinitiv.

This hurts my brain. I am a market professional. There are two ticket conventions - Bloomberg use the EPIC, or ticker. Virtually all systems use this and is the code you’ll recognise. Refinitiv use their own proprietary “RIC”, which has .L on the end, but is not always the same as the EPIC.