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registery consolidation speculation, page-2

  1. pikachu052
    902 Posts.
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    07/08/10
    10:21
    Post #: 6993000
    "Stockland, Westfield and Valad, among others, each have more than 1.5 billion units on issue and could look to reduce that in coming months."

    I read somewhere that companies can do a buy back when too many shares are on issue. I assume this is what is meant by the above comment.

    Can someone tell me how that works and if you are a holder why you would do it?

    Thanks
    Leane
    VPG Price at posting: $1.98 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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