Jumbo Corp initiates 10pc on-market share buy-back
11:13, Monday, 30 April 2007
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
unknown
Jumbo Corp initiates 10pc on-market share buy-back11:13, Monday,...
Add to My Watchlist
What is My Watchlist?