If a Company buys back its shares for less than their intrinsic value, then although the pie becomes smaller, the continuing shareholders will actually each own a bigger piece of pie. It should (if you have directors who have a good understanding of capital allocation and intrinsic value) result greater earnings per share for the continuing shareholders than would otherwise have been the case if there had been no buy-back.
If a Company buys back its shares for less than their intrinsic...
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Last
$10.69 |
Change
0.150(1.42%) |
Mkt cap ! $1.835B | |||
| Open | High | Low | Value | Volume |
| $10.55 | $10.70 | $10.43 | $2.162M | 204.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 1375 | $10.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.70 | 1561 | 8 |
View Market Depth
| Last trade - 12.53pm 31/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |