$JMH USD (J36.SG)$ bought back and cancel 602,000 shares at ...
$JMH USD(J36.SG$ bought back and cancel 602,000 shares at $39.02 via 3 married trades today. total $31.5m sgd.
who sold to them?
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Deep Sea : Maybe some small funds
Deep Sea : Good that company conducts share buybacks.
nmnhnlmOP Deep Sea: On 12 Oct, they issued 1,075,784 of jmh under scrip dividend scheme, and diluted the share price. And jmh just bought back 60% of it at a much lower price and cancelled it