FWIW, the buyback commenced 15/6 and to date 2,183,000 shares have been BB. SP peaked $15.57 on 11/8.
Balance is approx 7.8M to be bought back.
At least MFG can buy back now @ approx $11 or less x 7.8M remaining = $86million.
Had they done the BB @ say $14 average the cost would have been 7.8m remaining x $14 = $109m. ie an extra $23m
They would have known that FUM was going to reduce & now can get in with the remainder 7.8M.
Once this is complete, they may have arranged to have funds to extend another 10M shares BB. (already will have $23m in the kitty)
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- Ann: Funds Under Management - September 2022
Ann: Funds Under Management - September 2022, page-25
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Last
$9.50 |
Change
0.430(4.74%) |
Mkt cap ! $1.717B |
Open | High | Low | Value | Volume |
$9.04 | $9.58 | $9.04 | $13.81M | 1.462M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2387 | $9.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.51 | 1694 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 9.480 |
1 | 300 | 9.380 |
1 | 1000 | 9.210 |
2 | 1090 | 9.200 |
2 | 209 | 9.180 |
Price($) | Vol. | No. |
---|---|---|
9.520 | 4181 | 2 |
9.540 | 1000 | 1 |
9.550 | 10000 | 1 |
9.570 | 2500 | 1 |
9.580 | 2313 | 2 |
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