We Also have This in place as a backup , with 18 million shares allocated. Some companies dilute thier holders MSG Does the opposite . V Nov 2020
On-Market share buyback
MCS Services Limited (ASX: MSG) is pleased to announce the continuation of its on-market share buy-back for up to 10 percent of MSG’s issued capital over the next 12 months.
The objective of the buy-back is capital management.
The board of MCS considers that the share buy-back is in the interests of all existing shareholders.
The broker for the buyback is Canaccord Genuity.
The buy-back will be funded from MCS’s existing cash flows.
Ann: Half Yearly Report and Accounts, page-4
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0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $396K | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $5.301K | 2.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5389826 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1456295 | 3 |
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