Share buybacks starting soon.
$DBS Group Holdings (D05.SG)$ Share buy backs starting soon. after dividends tmr could drop to 42 or 42.35 level at most but share buyback will strengthen price again as total outstanding shares will drop successively making the price go higher with each share buyback.
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colinvest : Hi, how do you know when will share buyback begin?
104790679 : Yeah!
Mobydick : This fella sold total 600,000 shares forgo dividend of $324k…something brewing?
DBS CEO Piyush Gupta sells another $12.6 million worth of shares ahead of planned retirement Singapore News
Mobydick : 600,000 x $0.54 =$324k…small spare change for beggar compare to this $25.2mill
103645571 : definitely the share will drop a bit after XD, so for Gupta dividend is a small peanut
102232720仗义执言 : He will buy back after the dividend at the lower price
101644863 : he knows something