I know that there is a rule in place which sets an upper limit on what the company can pay to buy back stock (i.e. set by the last weeks average or similar).
Is there a similar rule in place to set the lowest price the company can pay for the stock also? Could this be the reason why no shares have been bought back since the sp drop?
- Forums
- ASX - By Stock
- share buy back
I know that there is a rule in place which sets an upper limit...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)