Post by
Malpeque2 on Aug 29, 2022 10:29am
NCIB
And where is it? The final word on the actual Buyback.
Comment by
Suppe11 on Aug 29, 2022 7:17pm
Imho it needs around 3 weeks to get regulatory approval. Maybe more, because the swedish exchange is involved too. Maybe this week or next ? Doesn't matter anyway, they're late to the show. If oil stays stable, this will move up with the looming catalysts.
Comment by
toptiger on Aug 30, 2022 5:56am
they are a bit late, but companies rarely time things so well...and anyway its discretionary so they can do whatr they want, and i would personally have it it in place every year, unless exchanges dont allow it. the signal though is most important
Comment by
Esiiiii on Aug 30, 2022 10:43am
I would argue its potentially a good timing. I mean if the stock will double in the next year or even tripple then the buyback now is excellent.