PWT

PowerTel (PWT): Winner


PowerTel (PWT) was the best performing company on the Australian sharemarket this week (Winner of the week for week 45 of 2006). This telecommunications company closed the week 17 percent higher after news of their share buyback. As part of the company's capitalmanagement initiative, PowerTel have launched a share buy-back program for the purchase of 10 percent of its share base which is 13.9 million shares.

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