They have to announce any material change to the business. It's a legal obligation, and the directors can get into serious legal trouble if they don't observe that law.
The buyback is a minor positive for the company, nothing more. It's ridiculous to suggest they would stop their activities or try and keep market sensitive news under wraps to give the buyback more time.
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- too quiet ... time for announcement re ny
too quiet ... time for announcement re ny, page-5
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