Steve they soak up to 10% of the daily volume which allows for natural liquidity in its trading, at the end of the day, they still have the cash on the balance sheet if the shares aren't bought back with haste.
Whilst it looks slow, they soaked up $193M or ~2% of the company in 1H FY24. With up to another $400m this CY. IMO it's better to remain cyclical with the buyback, given the cyclicality of the business/industry.
- Forums
- ASX - By Stock
- BSL
- Ann: Update - Notification of buy-back - BSL
Ann: Update - Notification of buy-back - BSL, page-4
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BSL (ASX) to my watchlist
|
|||||
Last
$20.06 |
Change
0.100(0.50%) |
Mkt cap ! $8.827B |
Open | High | Low | Value | Volume |
$19.98 | $20.21 | $19.86 | $42.06M | 2.094M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6052 | $20.04 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.08 | 622 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 19.750 |
1 | 350 | 19.650 |
2 | 1051 | 19.620 |
1 | 1020 | 19.600 |
1 | 511 | 19.560 |
Price($) | Vol. | No. |
---|---|---|
20.380 | 276 | 1 |
20.400 | 1000 | 1 |
20.410 | 979 | 1 |
20.500 | 238 | 1 |
20.680 | 1000 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
BSL (ASX) Chart |