Resmed have announced a new share repurchase program of $US20m shares (14% of common stock US). Filed an announcement with US Securities and Exchange Commission yesterday referring to a decision made by the board on 21 February. This $20m program supersedes the previous program, it has no fixed schedule or timeframe for the repurchases.
This should give Resmed shares a needed lift. Turnaround from a continued negative slide to positive territory on US market after news was out. Also, Peter Farrell exercised some of his share options adding to his stake in RMD.
Good news, I think!
resmed share repurchase program
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Last
$37.39 |
Change
0.390(1.05%) |
Mkt cap ! $22.38B | |||
| Open | High | Low | Value | Volume |
| $37.30 | $37.39 | $37.07 | $9.449M | 253.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $37.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.39 | 2573 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMD (ASX) Chart |
