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They would have bought back more shares around 10-20c if they...

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Dillwynia

871 Posts.

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28/02/21

18:07

Post #: 51400667
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Originally posted by vinn: ↑

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.

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They would have bought back more shares around 10-20c if they were going to do buy-back.

MSG Price at posting: 5.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $1.188M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
6	5966312	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	400000	1

View Market Depth

No.	Vol.	Price($)
6	5966312	0.005
2	700000	0.004
1	350000	0.003
2	1500000	0.002
2	4100000	0.001

Price($)	Vol.	No.
0.007	400000	1
0.009	1032044	2
0.010	400000	1
0.000	0	0
0.000	0	0

Last trade - 10.04am 29/04/2024 (20 minute delay)

MSG (ASX) Chart

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