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Company has already bought back around 7millions++ of own share, this will boost the price and also most important is that the price of this company won’t move dramatically up and down because most of the share is hold by company. Which mean the price will be more stable
owner calculated it share price is under value, they have sufficient cash to purchase more of their own share which in turn reduce the flow of share in outside market. In the future company might do split, bonus etc and SBB help a lot. Or company believe and calculated it company’s present /future value is much more higher.