a share buy back, page-67

>I think I have provided enough information to show that >you don't automatically increase a share price simply by >buying back shares, as was implied by your original posts.

I didn't imply that I stated that because it's true and provable from any number of textbooks.

Doing a sharebuyback in an undervalued firm with debt increases shareprice all things being equal.

As in page 533 of issues in financial accounting by henderson& Peirson tenth edition

Ryan