CPSE:UIEFood
Can UIE (CPSE:UIE) Justify Its Valuation Following Its Buyback And Earnings Update?
UIE share buyback and earnings draw fresh investor focus
UIE (CPSE:UIE) has begun a multi year share repurchase program that allows the company to buy back up to 5% of its issued share capital, shortly after reporting second quarter earnings.
UIE’s share price has climbed 8.22% over the past month and 11.74% over the past 90 days. The 1 year total shareholder return of 44.46% and 5 year total shareholder return of 193.95% reflect the momentum that long term holders have already...