$CityDev (C09.SG)$ On 21 Mar, company share buyback 290,000 ...
On 21 Mar, company share buyback 290,000 shares at average price $5.92. Good job!
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102603982 : Newbie question:![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
Is stock buyback a good thing...? why...?? Thanks for the answers
Deep Sea OP 102603982 : Stock buyback is good when the company finds the share price is trading below its valuation. Share buyback can also enhance the shareholders return.
102603982 : Understood... Thanks... you can buy some stocks and wait for the value to rise![relaxed ☺️](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/263a-fe0f.png)
Deep Sea OP 102603982 :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)