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1.96% $7.50 fiducian group limited

Are you surprised they didn’t buyback shares during the lows of...

  1. Hoarding
    373 Posts.
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    23/04/24
    07:07
    Post #: 73466904
    Are you surprised they didn’t buyback shares during the lows of the past two years?

    My understanding of the use of the buyback in the past has been to compensate for the issue of shares to Indy. Essentially being used to keep share count stable, rather than reducing it.

    I guess cash generated for paying franked dividends and/or buying businesses > buyback.
    FID Price at posting: $8.20 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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