JMS 0.00% 16.0¢ jupiter mines limited.

Ann: Daily share buy-back notice - Appendix 3E , page-3

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  1. 748 Posts.
    lightbulb Created with Sketch. 68
    re: Ann: Daily share buy-back notice - Append... Hi Rez - google found this for me:

    http://www.companysecretary.com.au/board_briefings/OnMarketShare.pdf

    L/R 7.33 "A company may only buy back shares under an on-market buy-back at a price which is not more than 5% above the average of the market price for securities in that class. The average is calculated over the last 5 days on
    which sales in the shares were recorded before the day on which the purchase under the buy-back was made."
 
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