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Biotech / Medical : Munch-a-Biotech Today

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To: DewDiligence_on_SI who wrote (3121)1/31/2018 11:51:27 PM
From: Miljenko Zuanic  Read Replies (1) of 3158
 
<The 10b5-1 plan VRTX is talking about in the PR is for the company's own buybacks on the open market;.

I guess, I did not read this correctly in first place. Are you saying that company as entity can have their own ?

northerntrust.com

I am confused here. Why company, as entity, can not do buy back on "as seen fit" schedule, even when they have material information? For instance, price is underappreciated, and they have positive data on candidate (that can paint business picture more pink)?
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