The board/management has long used the ESOP to effectively keep a large portion of the corporate stock off of the market and thereby within their control. Is the rumor of the ESOP being liquidated soon true? Have others heard this rumor?
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That may be, but it is still a tool used by management to control the stock.
That may be, but it is still a tool used by management to control the stock.
there aint that much in the esop. its a small amount compared to the outstanding.