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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.
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
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
2018-01-22 10:46 | Report Abuse
what does it means by shares buy back?
Stock: [DUTALND]: DUTALAND BHD
2018-04-19 14:54 | Report Abuse
what is the outcome of the meeting?