Totally correct Corribus.....the buy-back is not being cancelled, only the shares so acquired.
As the announcement states: "Cancellation of Buy-Back Shares" and it this reduction in share count that is EPS accretive.
Thanks for clarifying this and keep the comments coming Corribus....
Ann: Cancellation of Buy-Back Shares, page-12
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Last
$2.27 |
Change
0.030(1.34%) |
Mkt cap ! $351.5M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.28 | $2.23 | $1.025M | 453.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4631 | $2.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.27 | 13405 | 4 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| IGL (ASX) Chart |