SIP sigma pharmaceuticals limited
Add to My Watchlist 1.55% ! $1.31

share buyback., page-3

  1. newB
    7,731 Posts.
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    10/08/15
    13:06
    Post #: 15778780
    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...
    SIP Price at posting: 87.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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