Can always find bad news story’s radicool.
citigroup,GE, IBM, apple plenty more. But if you want to look at buy backs maybe look at warren buffet, arguable the greatest investor in history.
"When stock can be bought below a business's value it is probably the best use of cash." Warren buffet said this well before Berkshire Hathaway announces their share buy back. Think I will stick with this bloke, he seems to know what he is doing.
also note radicool at what price the buyback price has been. This is a smart buyback not some ramping irresponsible buy back.
FMG Dividend, page-92
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 900 | $18.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.88 | 3586 | 4 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |