RE: What are the 7 resolutions passed in AGM22 Nov 2025 23:52
Hi gixer,
Thanks for the post. All the first six are normal business as usual. However, not sure about the 7th one
7. Authority for the company to make market purchases of its own shares
Following is the AI response of this item
When Share Buybacks Are Considered Good
1. The stock is undervalued
If management believes the stock price is too low, buying shares can be a smart investment. It signals confidence in the company’s future.
2. Increases earnings per share (EPS)
Reducing the number of shares makes each remaining share represent a bigger piece of the company, often boosting the stock price.
3. Efficient use of excess cash
If the company has more cash than it needs and no better investment opportunities (e.g., new projects, acquisitions), buybacks can return value to shareholders.
4. Flexibility
Unlike dividends (which investors expect regularly), buybacks can be done only when conditions are right.