The founder's trading has nothing to do with the buyback.
Company share buybacks are a way of returning excess funds to the shareholders without paying a dividend. The worrying thing is that share buybacks are an indication that the company cannot think of any better use for the funds and so returns them to the shareholders.
The founder's trading has nothing to do with the buyback....
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Last
$192.81 |
Change
2.010(1.05%) |
Mkt cap ! $20.14B | |||
| Open | High | Low | Value | Volume |
| $192.84 | $194.72 | $191.00 | $32.48M | 168.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 654 | $192.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $193.00 | 5 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PME (ASX) Chart |