Rimini Street Announces Share Buyback Of 970,566 Shares At Average $5.16/Share
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Why It Matters
Rimini Street bought back some of its own shares, which means the company spent money to own a bigger piece of itself. When a company does this, it can be a sign they think their stock is a good deal right now, but it doesn't tell us if the business itself is getting better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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