CNP 0.00% 4.0¢ cnpr group

cappers, page-67

  1. 1,190 Posts.
    If a company is embarking on a share repurchase (buyback), I think it has to notify the market in advance. I'll need to check this so if someone knows for sure, please say. I doubt CNP is doing this - if they had the capital, they'd use it to pay down debt.

    In answer to your second question, a disclosure relates to shares owned by all related entities.

    As I have said before, one party could have an agreement to buy shares from another party at a point in the future and I guess this could be a way to circumvent the immediate disclosure if they were planning a takeover.
 
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Currently unlisted public company.

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