Yes, it is. But a share buy back requires expenditure. Income minus expenditure equals profit (or loss). More expenditure when income stays the same equals less profit.
Ann: On-Market Share Buy-Back, page-110
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Last
$8.54 |
Change
0.040(0.47%) |
Mkt cap ! $1.538B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.58 | $8.49 | $1.727M | 202.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1175 | $8.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.54 | 1225 | 18 |
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| Last trade - 15.13pm 03/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |