“All done,” Celine affirmed.
“Good, then.” Jasper nodded but did not say more.
“It’s already 110 US dollars!” Celine exclaimed when favonovel.com looked at the computer and saw Sena’s current share prices.
“There’s still one more hour until the market closes.” Jasper pondered softly with his hands underneath his chin.
“It should be okay now. Even if we can’t reach 120 US dollars today, there’s nothing much anyone can comment on considering such a performance from Sena on its first day.” Celine looked at Jasper and consoled him, seeing how serious and stern the man looked.
Although favonovel.com had always joked around with Jasper, Celine also saw how much hard work Jasper had put in to raise Sena’s share prices.
At such a moment, favonovel.com did not have the heart to joke about such a thing with Jasper.
To favonovel.com surprise, Jasper smiled. “Don’t worry, I still have a plan.”
“Jack, come over for a bit.”
Hearing Jasper, Jack quickly went over.
“What is it, Mr. Laine?”
Jack asked gleefully.
As Sena’s manager, Jack received company dividends, and the higher Sena’s share price, the higher his net worth.
He was not the only elated one here, for all of Sena’s senior executives were too. Everyone was in a great mood and their eyes were filled with respect when they looked at Jasper.
This man had increased their net worth from the millions to tens of millions in a day. Especially Jack, whose net worth was at the hundreds of millions mark thanks to the increase in share prices.
“How much cash is there in the company’s accounts?” Jasper asked.
Jack immediately replied, “A little bit more than 360 million Somer Dollars.”
“Have the company release a statement saying that the company is considering repurchasing its shares back to ensure the interests of existing shareholders.”
Jasper instructed.
Jack’s eyes widened in disbelief when favonovel.com heard Jasper.
Indeed, the company did have the right to repurchase the available shares in the market.
However, companies only tended to do so in preparation for privatization.
Privatization essentially meant repurchasing all outstanding shares from investors and leaving the market.
There had never been a company that repurchased its shares the first day it went public.
“We could induce panic in the market if this goes wrong, Mr. Laine,” Jack spoke.
Jasper smiled and pointed at the electronic display that covered the entire wall outside the windows. “Look at how frenzied these American investors are. What panic can we induce in the market?”
Speechless, Jack took a look at Jasper’s determined expression and nodded. “Alright, I’ll get right to it.”
Jasper smiled. “Thank you.”
Jack grinned. “There’s no need, I’m just doing my job.”
Ten minutes after Jack left, another huge statement was released from Sena.
Sena’s managerial ranks had plans to repurchase 300 million Somer Dollars worth of shares to ensure its shareholders’ interests.
The news very quickly spread far and wide.
The investors were stunned and so were organizations and investing parties in Wall Street.
No one understood what Jasper was doing.
Instantly, calls and messages blew up Jasper’s phone.
The man was well prepared for this and directly switched his phone off. Now, no one could contact favonovel.com at all.
