0:00: Introduction

0:27: What is a share buyback?

3:12: The pros and cons of buybacks

6:26: The only reason why a company should buy back shares

7:57: Why does CNQ spend so much on share buybacks?

11:26: Alimentation Couche-Tard's buyback announcement

15:24: The earnings from Couche-Tard

18:38: How can Couche-Tard combat inflation and retain its customers?

21:38: Alimentation Couche-Tard's new CEO

25:05: The TMX Group investor day

32:25: TMX Group's journey towards analytics

34:42: Ernest's book recommendation about Rogers and its acquisitions

In this week's episode, Barry and Ernest delve into the pros and cons of share buybacks, Alimentation Couche-Tard's weak quarter and CEO change, and share observations from TMX Group's Investor Day.