Share buybacks as a rule are a swindle: It is taking shareholders money to give it to people who do not want to be shareholders. It is only justified if the price is less than the net asset value, or better, the cash in the company.
If WKBT really has money, they should annonce a dividend. That would prove that they do have cash, and that their accounts and reports are not just stories. It would also provide a real return to shareholders, which a share buyback is not.
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