Yes @boleh that is correct ... each day the company participates in the BB, the following day prior to market they announce it to the market including things like:
1. Number of shares bought back
2. Total consideration paid
3. Highest and Lowest price paid for each share that day
4. The remaining number of shares to be bought back / $ amount remaining in the kitty
If there is no BB undertaken on a particular day then nothing will be announced to the market the following morning ... so as you can see it is a fully 'transparent' process so the market knows exactly what has occurred.
GLTAH
BIN Price at posting:
$1.61 Sentiment: None Disclosure: Held
... so as you can see it is a fully 'transparent' process so the market knows exactly what has occurred.
