S32 1.89% $3.77 south32 limited

S32 Buy Back limits

  1. 5,575 Posts.
    lightbulb Created with Sketch. 1385
    I see from today's Appendix 3E that S32's buy back brokers are constrained to a maximum buy price of $3.0811 by Rule 7.33.

    The ceiling will be regularly recalculated.

    Meanwhile, the SP is doing its own thing trading above this at $3.105 - perhaps a cost-less buy back.

    Ash
 
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