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EPS = profit divided by shares outstanding. While the buy back...

  1. 47 Posts.
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    EPS = profit divided by shares outstanding. While the buy back is good, more profit is much more important. I actually thought they would have spent more on the buy back than $ 3.5 Mil. The buy back is more a sign of confidence, notice how the market went up after the announcement, it's all psychological, however the $ 8 mil. profit for the weakest quarter of the year blew me away.

 
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Currently unlisted public company.

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