BHP 0.68% $43.60 bhp group limited

buyback, page-20

  1. 10,212 Posts.
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    "Correction CK

    The deemed capital component will have an excess of the Tax Value component added on for the purposes of realising a capital loss in the buyback. Page 17 of the buyback booklet explains it clearly."


    You are right.
    For reasons I cant even begin to fathom this late at night, the tax value excess will depend on today's LSE ! opening price according to the formula

    AUD 26.37 * UKP11.00 (approx price today) / UKP9.855

    Therefore, the deemed disposal price rates to be about double the $2.50.
 
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