$UOB (U11.SG)$ when company buy back shares, normally share ...
$UOB (U11.SG)$ when company buy back shares, normally share price will fall?
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_MK_Watcher_ : In fact there is nothing alarming, when looking at the surface level. Through observation and experience, with exception of specific requirements, this is a routine fund allocation and rotation for any listed company who buy back shares from the open market when demand arises. In most cases, the quantity is rather small when they are treated as internal treasury fund for staff share options, rights exercising, etc.
102356143 : Theoretically price should rise, but MK is right - the amount could be small percentage wise to be able to affect price but it does show UOB thinks it’s current share buy back prices are still undervalued..