RE: Transaction in Own Shares20 Jan 2021 22:23
Depends on a lot of factors, in all honesty.
One thing you need to remember, however, is that the Share buy-back was announced by the previous Chief Executive. Buy backs are good if there isn't a future release of shares - if there is, then this just seems like an artificial way of increasing per-share metrics. I would have, however, preferred that the Share Buy-back was completed quicker, at the earlier share price. Lots of talk that "SLA is undervalued..." so should have taken advantage of this. At 3+ a share, i'd argue it's near fair value/ at the overpriced level...