Sydney - Monday - April 30: (RWE Aust Business News) - Jumbo Corp (ASX:JUM) will buy back approximately 10 per cent of its issued capital over the next six months via an on-market purchase of up to 37m shares. The company believes that a share buy-back represents the best capital management initiative at this time to enhance shareholder value. The company will continue to seek and evaluate acquisition opportunities. Its shares were up 0.4 to 2.6c.
JUM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.