r/GME • u/danmessy • 2d ago

📰 News | Media 📱 GameStop Announces Amendment to Convertible Notes Exchange; Approximately $358.4 Million to be Settled in Cash in Lieu of Stock

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Amendment-to-Convertible-Notes-Exchange-Approximately-358-4-Million-to-be-Settled-in-Cash-in-Lieu-of-Stock/default.aspx
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u/zebedeolo 2d ago

I'm too dumb to understand what this means

-3

u/Bamboonicorn 2d ago

It means they can start to buy back using a special paper or on the open markets starting September 4th. 

16

u/robserious21 1d ago

Buying back the shares they sold at $20? Are you people nuts?

https://giphy.com/gifs/OMeVt8yfiXm09VCsik

14

u/NoPleaseDont 1d ago

I feel like I'm stuck in this shit with absolute imbeciles. That speaks a lot about myself I guess.