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NTAB (Net tangible asset backing) is measured by Net tangible assets / Weighted average number of shares on issue . State the effect the following

NTAB (Net tangible asset backing) is measured by Net tangible assets / Weighted average number of shares on issue.

State the effect the following event occurring on the reporting date would have on this ratio.

EVENT: A payment for a share buyback

Select please:

- increase

- decrease

- no change

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