The share buyback program definitely catches my attention.
Company obviously has excess cash and want to buy back shares before the environment improves to have enough strength to pay a div.
This program is not very aggressive as their daily buybacks are around 260000 to 1m shares. So it will take at least another 70days to finish.
Meanwhile I do expect it will absorb any downside risks.
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$1.76 |
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Mkt cap ! $1.629B | |||
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| No. | Vol. | Price($) |
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