"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
- Forums
- ASX - By Stock
- registery consolidation speculation
"Stockland, Westfield and Valad, among others, each have more...
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
Add VPG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.79 |
Change
0.000(0.00%) |
Mkt cap ! n/a |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |