The daily share buy back continues. A total of another 4.4M shares has been bought back. This week, Dutyfree dropped after the results were announced on 14 Jan 2013 and hit a low of 0.365 before closing at 0.41 on Friday. Nevertheless, we see an increased in volume of share buy back. This week's share buy back is twice of last week's. Something is definitely brewing.
The breakdown is as follows:
| Date of purchase | no. of shares | average price |
| 18/01/2013 | 50,000 | 0.39 |
| 17/01/2013 | 300,000 | 0.3925 |
| 16/01/2013 | 700,000 | 0.39429 |
| 15/01/2013 | 2,427,000 | 0.39378 |
| 14/01/2013 | 980,000 | 0.41561 |
| TOTAL | 4,457,000 |
Related Posts:
Dutyfree International - daily share buy back - Part 2
Dutyfree International - daily share buy back
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