I guess the question will be that if the share prices stays low, what provides better value : reducing the share base via a buy back, or by paying the same divvy to the current share base.
If the price drops from here, I'd argue a buyback will yield better LT value for all holders and BOD?
Ann: Dividend Declaration, page-225
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Last
18.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.5¢ | $88.92K | 470.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 149945 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 89565 | 4 |
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