HUM 1.10% 45.0¢ humm group limited

Would have liked to see them go much harder earlier on but it's...

  1. 19 Posts.
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    Would have liked to see them go much harder earlier on but it's good that it seems to have ramped up recently.

    I think there could have been a good argument made for them to buy everything anyone would sell them while the price was under around 50c, especially as they issued shares at well over a dollar not that long ago.

    Better now than never though, If the price stays markedly below the previous share issue price I would not mind seeing the buyback extended rather than any possible dividend increase or even funded by a temporary dividend reduction. At current prices and given the large number of shares on issue I think for the moment buybacks present better shareholder value than dividends and should lead to much better EPS and as such improved dividends in the not too distant future.
 
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