We will only know whether the buyback taking place now is in the interest of shareholders with hindsight. I believe the buyback when first started at higher prices lured some (including institutions) to buy on the assumption that completing such a large buyback would push the share price up. They may also have expected an off market buyback with decent tax advantages. Consequently, this is now making it easier for the BB to take place at the existing lower prices which is a large benefit compared with the BB taking place at the prices initially paid.
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Last
$7.49 |
Change
0.155(2.11%) |
Mkt cap ! $6.228B |
Open | High | Low | Value | Volume |
$7.54 | $7.54 | $7.43 | $18.74M | 2.469M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 29975 | $7.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.49 | 11999 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 16425 | 7.470 |
19 | 26350 | 7.460 |
19 | 46477 | 7.450 |
16 | 46369 | 7.440 |
13 | 89925 | 7.430 |
Price($) | Vol. | No. |
---|---|---|
7.480 | 29001 | 31 |
7.490 | 29374 | 16 |
7.500 | 45307 | 20 |
7.510 | 47082 | 13 |
7.520 | 40199 | 12 |
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