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0.00% 4.2¢ veris limited

News: VRS Veris Says It Will Commence On-Market Share Buy-Back For Up To 10% Of Shares, page-2

  1. precis
    1,204 Posts.
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    10/06/22
    09:40
    Post #: 61933945
    Does anyone with accounting knowledge know of the effect of the share buy back on the balance sheet? The reason I ask is that the company stated in its webinar, that it was retaining funds from the Aqura sale to strengthen the balance sheet. From these two pieces of information, it would seem there must be a positive effect on the balance sheet from the buy back.
    VRS Price at posting: 6.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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