SIA Share Buy Back...Now that is positive news.
So if Sienna starts buying up its own shares and having them cancelled, this should cause the shorts to start covering.
Plans are to buy up to 3.65 million shares at a maximum of 64k shares per day, or 25% of the avg. daily volume traded.
This is definitely a positive turn of events. It also means that Sienna fundamentals are improving as they have the cash to buy back their own shares. Great news.
And thanks for the dividend today as well.