CPSE:ROCK BBuilding
Rockwool (CPSE:ROCK B) Valuation Check as New Share Buy-Back Programme Signals Management Confidence
Rockwool (CPSE:ROCK B) just kicked off a year long share buy back programme of up to 150 million euros. This move typically signals management confidence and can quietly reshape the stock’s risk reward profile.
See our latest analysis for Rockwool.
The buy back lands after a choppy stretch, with a 1 month share price return of 5.95 percent, a year to date share price decline of 14.27 percent, and a still impressive 3 year total shareholder return of 50.26 percent. This suggests longer term...