REASONS FOR REPURCHASES. Repurchases of Shares will only be made when the Directors believe that such repurchases will benefit the Company and the Shareholders as a whole. Such repurchases may, depending on market conditions and funding arrangements at the time, lead to an enhancement of the net asset value per Share and/or its earnings per Share.
Appears in 15 contracts
Samples: Circular, Proposal for Re Election of Retiring Directors, Proposal for Re Election of Retiring Directors
