anna

cchiwei | Joined since 2018-01-22

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Stock

2018-04-19 14:54 | Report Abuse

what is the outcome of the meeting?

Stock

2018-01-25 16:15 | Report Abuse

It means the dilution to the current share market is lesser. Also the company could save some money after the termination of ESOS...

Refer back to its earlier announcement:

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=184017&name=EA_DS_ATTACHMENTS

Chapter 4.
EPS of the company ended FY16 was -2.25 cents.
After ESOS termination, the saved cost will have an effect to increase the EPS to +0.05 cents.

Stock

2018-01-25 12:58 | Report Abuse

"Proposed Termination of the Company’s Existing Employees’ Share Option Scheme" has been voted 100% for, means pass.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5675417

Stock

2018-01-22 14:21 | Report Abuse

OK I did some google search:
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Stock repurchases are used as a tax efficient method to put cash into shareholders' hands, rather than paying dividends, in jurisdictions that treat capital gains more favorably. Sometimes, companies do it when they feel that their stock is undervalued on the open market.

Other times, companies do it to reduce dilution from incentive compensation plans for employees. Another motive for stock repurchase is to protect the company against a takeover threat.
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https://en.wikipedia.org/wiki/Treasury_stock

Stock

2018-01-22 10:46 | Report Abuse

what does it means by shares buy back?