the company is buying back it's own shares, a lower share price means it can buy back more shares for less money. The whole idea is reduce the number of shares on issue and ideally on average at a lower cost.
Target $18.72, page-69
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 (20min delay)
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Last
$8.01 |
Change
-0.325(3.90%) |
Mkt cap ! $6.684B | |||
| Open | High | Low | Value | Volume |
| $8.07 | $8.10 | $7.88 | $31.01M | 3.889M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 26837 | $8.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.01 | 28878 | 34 |
View Market Depth
| Last trade - 13.08pm 05/06/2024 (20 minute delay) ? |
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Last
$8.01 |
Change
-0.325 ( 3.72 %) |
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| Open | High | Low | Volume | ||
| $8.07 | $8.07 | $7.88 | 561353 | ||
| Last updated 13.26pm 05/06/2024 ? | |||||
| WHC (ASX) Chart |