ICI 27.3% 2.8¢ icandy interactive limited

Ann: Update - Notification of buy-back - ICI, page-103

  1. 1,095 Posts.
    lightbulb Created with Sketch. 143
    when a coy pays out dividend, it reduces its assets (cash). Share price should and likely to reflects that. Pending on whether the dividend is paid from taxed earning/untaxed earning or return of capital, the tax implication is different.

    When a coy does a buy back, it reduces the number of shares, benefiting all metrics - ROE, EPS, P/B blah blah


 
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