[quote="veronmaksaja, post:804, topic:557"]\nOrion is paying a pretty steep price for buying back its shares. I doubt that buying at current prices is timed very wisely, or what do others think?\n[/quote]\n\nThis share buyback program isn’t a form of profit distribution; instead, the shares are being acquired for the management’s share-based incentive schemes. The total program amounts to €45 million, which is 0.38% of the company’s current market value.\n\nMore generally speaking, if you feel that any company’s stock is so expensive that the company shouldn’t buy it at that price, why should anyone else either? In that case, it’s worth considering trimming your position.
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