Maniac Fool
OP
Bitcorn
:
They will destroy these buyback shares to reduce the number of shares floating in the market to create value for the share. Remember it gave bonus free shares earlier in the year. So if the total market capitalization value stays the same(possible?), with reduced shares, the price should rightfully increase
Bitcorn : Would DBS sell those shares that they have bought earlier at a later date?
Maniac Fool OP Bitcorn : They will destroy these buyback shares to reduce the number of shares floating in the market to create value for the share. Remember it gave bonus free shares earlier in the year. So if the total market capitalization value stays the same(possible?), with reduced shares, the price should rightfully increase