joewoo
A share buyback can also mean the company has run out of ideas, talent or opportunity and cant find a way of generating superior returns on the funds available. A share buyback is very often considered fairly negatively. Growth companies almost never buy shares back - they are more likely to embark on a capital raising to fund growth. A share buyback is sort of the opposite of a cap raising.
Just my opinion for what its worth.
-HBG
Trade the market you see - not the market you hope for!
why no one discover this share, page-6
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Last
$67.93 |
Change
0.060(0.09%) |
Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
| $67.77 | $68.17 | $67.42 | $13.68M | 203.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 355 | $67.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $67.93 | 127 | 9 |
View Market Depth
| Last trade - 13.20pm 29/11/2024 (20 minute delay) ? |
| ALL (ASX) Chart |
