RE:Buyback???HermannHaller wrote: The stock is at $12.65, and the company is buying back at $12.58. Is that supposed to be good news for shareholders?
Am I missing something, or is this just to please big holders who want the liquidity?
Could be a sign that the company believes the price is near its bottom and wants to tighten share supply on the cheap. The difference between $12.65 and $12.58 isn't enough to cause a panic.