Only the Canadian

Can bring Timmy's into a conversation about stock buybacks. Friday in my Finance class we were discussing why a company would want to buy back stock which was already out in the stock market. The main reason why is that the company wants to regain control of the company. So, the Canadian in the class brought up the Timmy's story about the company buying Tim Horton's widow out of the company. That then put us on a discussion about how to determine what is a fair price for stock buyback.