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Could it be true that buy backs are followed by share price falls in the UK too? This article is from Atlantic “Business The Stock-Buyback Swindle American corporations are spending trillions of dollars to repurchase their own stock. The practice is enriching CEOs—at the expense of everyone else. Updated at 2:08 p.m. ET on July 26, 2019. In the early 1980s, a group of menacing…

John36v's Latest Comments

Price looks a bit high at 1680p with a p/e of 20.4. Anyone know what is going on to push the price up.

Am alone in thinking this Manx Tele is being sold too cheap?

I visited their store in Enfield on a Monday morning and was impressed to see a sales taking place. I don’t know if this store is typical, it apeared to be a low rent store next to a charity shop in a run down parade. The shop fittings were basic. The stock was cheap but was also low quality which is what you would expect…

It could be that as a result of the buy back a potential takeover bid has been abandoned with consequent disposal of shares.

This US link is very informative

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