RE: Buybacks26 Sep 2024 09:31
67s
''It's maybe not as daft as it sounds, to speculate that the buyback operation is being geared down because of the political implications on 30th?''
The main driver and extent of the Algo operation is pricing and trade volume, and obviously with a rising price and low volumes there will be constraints.
We have had a number of consecutive days with no purchases at all with no immediate explanation price wise, which has been subsequently been followed by a number of consecutive days with heavy buying on a falling share price and higher volume.