We Also have This in place as a backup , with 18 million shares...

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.