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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (51748)6/24/2013 11:05:08 PM
From: Spekulatius  Read Replies (1) of 78669
 
Re CAM.L added more @8050 pence. Still no news. Looks like the company is buying back 1000 shares almost every day. That could make a dent in the sharecount (~2.8M shares outstanding) over time. After their shareholder meeting in April, they have authority to buy back 277k shares or almost 10% of their share capital; if they buy 1000 shares each trading day, they can do so in a year.
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