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
FWIW, the buyback commenced 15/6 and to date 2,183,000 shares...
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$9.02 |
Change
-0.200(2.17%) |
Mkt cap ! $1.627B |
Open | High | Low | Value | Volume |
$9.20 | $9.22 | $8.97 | $5.042M | 556.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2043 | $9.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.07 | 5280 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16 | 9.500 |
1 | 1098 | 9.100 |
1 | 2 | 9.070 |
1 | 12 | 9.030 |
4 | 372 | 9.020 |
Price($) | Vol. | No. |
---|---|---|
8.830 | 10 | 1 |
9.020 | 491 | 2 |
9.180 | 60 | 1 |
9.200 | 697 | 1 |
9.230 | 2000 | 1 |
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