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Wan Kok kin asked 4 years ago

When the company is during a tough time , the share price keep dropping , the owner of the company keep buying back share in huge amount . Beside of that the owner is confidence the share price will rebounce back . Is there any other reason or motive that causing the owner taking this action ?

1 Answers
Victor Chng answered 4 years ago

Hi Kok Kin,
 
Another reason may be the owner want to support the share price so they keep buying back share using the company money. The important things is to make sure that the management are buying back at the right value.