benoze
In very simple pain English when a company does a buy back it buys back it own shares. Then it dispossess those shares. With all things being equal the market cap of the company stays the same therefor the share price should appreciate. But we all know there's always a great many things that affect a share price (especially short term) so many times a company may do a buyback then other factors affect the share price and then shareholders may feel it was all for nothing which really isn't the case.
Mx
benoze In very simple pain English when a company does a buy...
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Last
$42.10 |
Change
0.910(2.21%) |
Mkt cap ! $213.5B | |||
| Open | High | Low | Value | Volume |
| $41.88 | $42.29 | $41.69 | $360.3M | 8.529M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9922 | $42.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.12 | 11345 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |