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And now suddenly these conversion prices are quite squarely within range.

Instead, with RH these are actual and permanent reductions in share count which are having a very predictable effect on the price of each remaining individual share.

Some were surprised at the buyback because RH’s stock price had already been rising towards the highest prices of the year (then closing in on ).

Even more surprising (to some) was that within just 50 trading days, RH had announced that it had already , accounting for a significant portion of the daily volume during that time.

If Friedman is successful, the value of the total awards to him will exceed 0 million.

At least million of this will come to him within just the next few months.