SIP 1.55% $1.31 sigma pharmaceuticals limited

share buyback., page-3

  1. 6,870 Posts.
    lightbulb Created with Sketch. 511
    Shares buyback is a common strategy for a listed company to reduce the number of shares by using cash/fund, normally with 3 reasons below":

    1. has a tots of cash in hand and,
    2. share price is low
    3. Less oppotinities around to invest for the time being.

    One can easily add afew more reasons...
 
watchlist Created with Sketch. Add SIP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.