Buybacks only make sense when the price is low (undervalued). Otherwise the remaining shareholders lose.
They could always increase the divvy if they want to hand back cash to shareholders but I would prefer it if they continue their growth through acquisition and reinvesting into the existing business. I expect them to do so.
This is certainly the star in my portfolio!
CDA Price at posting:
$17.59 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)