December 24, 2021
I support this important rule change (S7-21-21).
The resulting availability of timely share repurchase data will help me make better investing and trading decisions.
It will likely also encourage public company officials to avoid using share repurchases for purposes that are not aligned with the interests of their company or their stockholders.
I would also encourage the SEC to require daily reporting of share issuances via At The Market (ATM) offerings or Continuous Offering Programs (COP).
To sum up my comments: I believe daily reporting of share repurchases and issuances would remedy a significant blind spot for investors. It could also reduce stock price manipulation by company officials, and promote more informed stock pricing in public markets.