What is the expected impact of the share buyback on SINCH's short‑term stock price and liquidity?

Short‑term price outlook

The 15.3 million‑share repurchase—equivalent to roughly 3‑4 % of SINCH’s free‑float—acts as a clear signal that management believes the stock is undervalued and wants to return capital to shareholders. In a market that still values the “buy‑back‑boost” effect, the immediate reaction is typically a price uptick of 2‑4 % as the reduced share supply tightens the market and the buy‑back‑announcement lifts sentiment (the 70‑point positive sentiment score reinforces this). On a technical chart, the buy‑back is likely to provide fresh support around the current trading range; if the price is already near a short‑term resistance level, the repurchase can help break that barrier and trigger a brief rally.

Liquidity and volatility

While the buy‑back improves the balance sheet and EPS, it also compresses the available float, meaning daily turnover will be concentrated on fewer shares. Expect a modest dip in on‑day liquidity and a rise in short‑term volatility (higher bid‑ask spreads and more pronounced price swings on modest volume). Traders should be prepared for tighter order execution and possible short‑covering spikes if the price moves sharply upward.

Actionable take‑away

For the next 1‑2 weeks, the bias is short‑term bullish: consider a modest long position or add to existing holdings on any pull‑back to the lower end of the current range, with a stop just below the new support level created by the buy‑back. Keep an eye on the V‑shaped volume pattern—a sudden surge in volume on a break above the support could signal the start of a short‑term rally, while a rapid drop in volume may warn of a liquidity‑driven correction.