Thanks for that, must have missed it.
This was from the FY17 annual report, my memory must be going because I have zero recollection of this buyback. Did it ever happen?
"The Board has been evaluating capital management alternatives whilst continuing to maintain a flexible and conservative capital structure and now intends to establish an on-market buyback of the Company’s shares over the next 12 months of up to $40 million. Further details of the on-market buyback will be announced prior to commencement of the buyback. In addition, the Board remains open to consider the merits of a special dividend
in light of progress on the buyback and future market conditions."
And then in the following HY18 report:
"The Board continues to consider the appropriate use of the Company’s available capital in the best long-terminterest of shareholders. This includes a review of opportunities to invest directly in blending and canningcapability as part of our longer-term nutritional products sourcing plan, as well as continued consideration of anon-market share buyback and implementation of a dividend policy."
So you can see it was around that point that they bumped up investment in manufacturing as a priority, now that is achieved I think the other two priorities might move back up a bit.
- Forums
- ASX - By Stock
- A2M
- Chart Update
Chart Update, page-16186
-
-
- There are more pages in this discussion • 9,045 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add A2M (ASX) to my watchlist
(20min delay)
|
|||||
Last
$6.87 |
Change
-0.010(0.15%) |
Mkt cap ! $5.028B |
Open | High | Low | Value | Volume |
$6.93 | $6.98 | $6.87 | $4.318M | 622.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 9953 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.88 | 13102 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 9951 | 6.870 |
13 | 14633 | 6.860 |
16 | 65627 | 6.850 |
10 | 90001 | 6.840 |
7 | 7537 | 6.830 |
Price($) | Vol. | No. |
---|---|---|
6.880 | 10399 | 22 |
6.890 | 17384 | 22 |
6.900 | 49145 | 23 |
6.910 | 26674 | 15 |
6.920 | 14368 | 11 |
Last trade - 12.03pm 15/07/2024 (20 minute delay) ? |
Featured News
A2M (ASX) Chart |