STO 0.74% $7.43 santos limited

i just dont know what this buy back is achieving.. share price...

  1. 94 Posts.
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    i just dont know what this buy back is achieving.. share price does not move at all so it aint helping me and divs are what you would expect given earnings... they are spending $700m to buy back on market with 3.38bn shares on issue.. so the 700m reduces the register to what...3.28bn shares..whats the point.. executive rem will add that back each year...top my dividend up and do a share consolidation
 
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