02-06-2013, 06:17 AM
'Relker' pid='17086' datel Wrote:Is it possible that IOC has started the share buyback? They announced it a while ago. Now, a deal is imminent, they want a good purchase price. This price will rise after a deal announcement.
Correct me if I'm wrong but when a company buys back shares? Aren't they limiting they number of shares outstanding? Thus they wouldn't be contributed to 5.2% in essence they make the value of our shares increase as the total size of the pot has been reduced.....

