JOBST.KL - Share buy back

0058


Notice of Shares Buy Back - Immediate Announcement
Date of Buy Back : 09/10/2009
Description of Shares Purchased : Ordinary Shares of RM0.20 each
No. of Shares Purchased : 17,000 shares
Minimum Price Paid For Each Share Purchased : RM 1.300
Maximum Price Paid For Each Share Purchased : RM 1.300
Total Consideration Paid : RM 22,262.23
No. of Shares Purchased Retained in Treasury : 17,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 2,166,700 shares
Adjusted Issued Capital After Cancellation : 0
Date Lodged With Registrar of Company :

Remarks:
N/A

Submitted By:
Mr Gregory Charles Poarch
09/10/2009 06:33 PM


-My View
The management consider the share is cheap now. They're buying back their share to increase the earnings. It increase the shareholder's value.