DDH1 Launches share-buy back
- DDH1 (DDH) launches an on-market share buy-back program of up to 10 per cent of the issued capital
- The company will buy back shares sporadically over a 12-month period, starting from July 18
- After purchasing shares, it will notify the ASX the next business day and the number of shares on issue will reduce accordingly
- The amount of shares DDH buys will be dependent on market conditions, but it will not purchase shares above five per cent of the five-day volume-weighted average price
- Shares are trading 16.4 per cent higher at 74.5 cents each at 1:02 pm AEST
