RE: INDV's notice of share purchase Feb 2021 Feb 2024 22:15
The share buyback has been ongoing for a while, as pointed out by TC. They did one previously and also had, from memory a share consolidation. The shares are purchased off four exchanges. The shares are literally wiped out and not kept in the treasury for the staff. It has, in theory, the effect of enlarging the eps and the sp. My thoughts are that we are in effect below the sp prior to share consolidation but we have had a litigation hit or two along with some money going out. Results tomorrow. I hope the buyback continues.