HUM 0.69% 73.0¢ humm group limited

Ann: Update - Notification of buy-back - HUM, page-3

  1. 20 Posts.
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    Would have liked to see them go much harder earlier on but it's good that it seems to have ramped up recently.

    I think there could have been a good argument made for them to buy everything anyone would sell them while the price was under around 50c, especially as they issued shares at well over a dollar not that long ago.

    Better now than never though, If the price stays markedly below the previous share issue price I would not mind seeing the buyback extended rather than any possible dividend increase or even funded by a temporary dividend reduction. At current prices and given the large number of shares on issue I think for the moment buybacks present better shareholder value than dividends and should lead to much better EPS and as such improved dividends in the not too distant future.
 
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72.5¢ 73.0¢ 71.0¢ $179.6K 249.2K

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2 49304 70.5¢
 

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Price($) Vol. No.
73.0¢ 23087 4
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