RE: Buyback update14 Apr 2022 07:55
Hardup
"They also say it raises share price by 2.8p per share when complete. Even if SP is lower at the end of the buyback than when it started they will say the SP at that point would be 2.8p higher than if there had been no buyback, impossible to prove IMO"
That's right Hardup, impossible to prove. Share prices move for other reasons than simple supply and demand as I'm sure you know, but the maths says the share will be approx 2.8p higher once approx 4bn shares have been taken out of circulation.