Ok there might be other unexplained influences that drive the price in a different direction and so it would be ok to tone down the statement. Having said that nothing in life is certain and the laws of supply and demand are pretty robust. The primary goal of managers is to maximise shareholder value and that usually equates to an increasing share price.
You could also talk about elastic and inelastic demand / supply curves. I would suggest that is largely irrelivant as long as the price stays within a reasonable range.
When the company buys back it's own shares there are less shares to distribute company assets.
For example net assets of company a is $10 billion for 20 billion shares giving a book value of 50 c a share
Company does a share buy back of 10 billion shares. The net assets remain the same at $10 billion but spread over less shares of 10 billion giving a book value of $1 a share so share price goes up.
OZL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
