i don't get why BHP are increasing their buybacks after making the offer for RIO. the offer is 3 to 1 stock, so by cancelling shares they are reducing BHP shareholders' ownership in the resulting company..? wouldn't it be better to use that cash as part of the deal?
buyback
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Last
$38.64 |
Change
0.000(0.00%) |
Mkt cap ! $196.0B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $39.09 | $38.63 | $305K | 7.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $42.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.78 | 318 | 2 |
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| Last trade - 09.58am 05/09/2024 (20 minute delay) ? |
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