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8/4/2022
AJ
Analyst
Obviously, the step up on the buybacks, I wanted to ask you about that. Is that an opportunistic buy you did in the second quarter, or should we begin to think that you're going to commit more capital to that going forward?
Unnamed CEO
Chief Executive Officer
Well, I have the classic CEO answer. These are the kind of decisions that we work closely with our board, and when we think that there's a strong use of capital, that's where we put our capital, and the board felt comfortable unanimously that this was a good time to be buying back our shares. So I can't comment on future activity.
AJ
Analyst
Okay. A lot of back and forth on the R1 transition and the impact it's had on revenues to date. I wondered within the context of that, I'm not 100% clear, is that something you would characterize as just what can happen when you make a transition like this? Do you feel like Are ones dropped the ball? Is there something you did that has resulted in this? And is there any recourse to try to – do they owe you any kind of concession because this has happened?
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