There is no right or wrong with these decisions. I think if they don't do more of the buy back, which in itself is good because it means the SP has stayed elevated, i think they will be forced to pay out a dividend
The quantum of the buy back proposed i believe flags what they believe is excess capital
Ann: Quarterly Activities Report, page-84
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44.0¢ |
Change
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Mkt cap ! $398.7M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.8¢ | 42.0¢ | $1.091M | 2.505M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8229 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 84699 | 7 |
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