Generally, increasing dividends out of sync with NPAT growth is destructive to shareholder value over time.
But backs in companies where the SP is below intrinsic value is the best deployment of spare capital if other ROE accretive projects aren't available.
Every share bought back at these prices increases the value of your holding!
Ann: Earnings Guidance, Orders Update and On Market Buy Back, page-10
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $37.39M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.5¢ | 49.0¢ | $2.463K | 4.968K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 41415 | 1 |
View Market Depth
| Last trade - 12.56pm 03/10/2024 (20 minute delay) ? |
| ADA (ASX) Chart |