Amarin Corp Plc (AMRN)

[Whalatane]

Newman. My guess is that its positioning in advance of the expected UK approval of the share buyback

Share buybacks can positively impact a company's stock price through several mechanisms:

Increased earnings per share (EPS): By reducing the number of outstanding shares, the company's earnings are divided among fewer shares, resulting in a higher EPS. A higher EPS can make the stock more attractive to investors and drive up the share price.

Increased demand: When a company repurchases its own shares, it creates additional demand for those shares in the market, which can lead to an increase in the stock price.

Signaling effect: Share buybacks can be interpreted by investors as a signal that the company's management believes the stock is undervalued. This positive signal can boost investor confidence and drive up the stock price.

Increased ownership stake: As the number of outstanding shares decreases, the remaining shareholders' ownership stake in the company increases proportionally. This can make the stock more valuable to investors.
Improved financial metrics:
Share buybacks can improve financial metrics such as return on equity (ROE) and return on assets (ROA), making the company more attractive to investors and potentially increasing the stock price.

Kiwi