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0.00% 2.2¢ australian silica quartz group ltd

Ann: Cancellation of Shares , page-2

  1. exberliner1
    7,922 Posts.
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    09/09/13
    16:30
    Post #: 12306476
    Good to see more buyback shares being cancelled.

    Some share buybacks just hoard the stock they have purchased in treasury accounts and then use the stock as management incentives which means at some time in the future the buyback stock re-appears.

    I am pleased to note that BAU are actually cancelling their buyback shares meaning they completely disappear.

    All good imo.

    EB
    BAU Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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