BSL announced after the close that they would buy back another 25.5 million shares on the open market.
I was sort of thinking something was happening today given that the share price held up strong in such a weak day.
It goes to show not all companies are feeling the weakness of any perceived slow down. They have plenty of cash on hand.
If anything the share price will be supportd in the short term which is good in uncertain times.
Cheers
resumption of buyback
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Last
$21.10 |
Change
0.230(1.10%) |
Mkt cap ! $9.254B | |||
| Open | High | Low | Value | Volume |
| $20.97 | $21.43 | $20.75 | $19.16M | 906.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3369 | $21.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.15 | 2524 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BSL (ASX) Chart |