The cancellation of shares bought back is one option and one only. Another option, and if there was to be a buy-back, my favoured option, is for the shares to be made treasury shares. These shares are held and have to voting rights or are entitled to dividends. These shares continue to exist but are somewhat 'detuned" ready to be bought back into play when required.
Good News & Bad News, page-27036
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Last
$3.94 |
Change
-0.060(1.50%) |
Mkt cap ! $11.85B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $45.64M | 11.56M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 124367 | $3.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.94 | 285456 | 7 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$3.94 |
Change
-0.060 ( 1.94 %) |
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| Open | High | Low | Volume | ||
| $3.97 | $3.98 | $3.93 | 3821476 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PLS (ASX) Chart |