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
$10.10 |
Change
0.180(1.81%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $9.98 | $10.10 | $9.96 | $1.026M | 102.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 755 | $10.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.10 | 5050 | 15 |
View Market Depth
| Last trade - 10.41am 31/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |