This. I've said similar on the maths multiple times. In the case of whc, assuming similar levels of FCF in the coming years, and buyback continues at the same rate, and somehow the share price were to remain at current levels, I'll own whc in under 10 years while receiving an excellent dividend yield for those 10 years. As you've said that won't happen, at some point the market will react, but for now I'm happy for the share price to decline while the buyback continues at pace.
To your question, nhc are also doing a buyback, metrics are similar (but a little different, do your research).
This. I've said similar on the maths multiple times. In the...
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Last
$7.98 |
Change
0.140(1.79%) |
Mkt cap ! $6.676B | |||
| Open | High | Low | Value | Volume |
| $7.88 | $8.00 | $7.82 | $25.93M | 3.268M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2345 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.99 | 3629 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$7.98 |
Change
0.140 ( 1.59 %) |
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| Open | High | Low | Volume | ||
| $7.89 | $8.00 | $7.82 | 1002222 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WHC (ASX) Chart |