Buy backs do not "prop up" a stock.
They reduce the number of shares out and thus increase the value of the remaining stock.
If I was about to announce a special dividend of say $1.00 , then I would be employing that strategy to reduce the payout.
Target 22$ by june 2007
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ZFX
zinifex limited
Buy backs do not "prop up" a stock.They reduce the number of...
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