Black Swan- share buybacks are a form of cash return to shareholders.
Given what NAV is and today's share price, the buyback is value accretive too.
Ann: Daily share buy-back notice - Appendix 3E-KAR.AX, page-16
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Last
$1.75 |
Change
-0.008(0.43%) |
Mkt cap ! $1.412B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.75 | $1.856M | 1.053M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 241043 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 30246 | 23 |
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| KAR (ASX) Chart |