Hmmm....am trying to fathom the $8Mill share buyback?
Is this saying they think they are going to cheap currently?
It'll be approx a 20mill of shares taken out of the market (out of 680Mill by my calcs but i could be wrong).
Still not sure why you'd do it unlss it makes a takeover more difficult.
Am sure someone smarter than me can explain
PnB
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