Hi,
I think these bank buybacks are an abomination , basically an unfair tax dodge for SMSF's and others on very low tax rates. As a consequence I am in all of them boots and all.
My reading of this one is that it is a waste of time, the dividend component is too small , hence there isn't much extra profit in taking this up at the 14% discount , even at 10% barely worth bothering.
Unless I have misread it, a special dividend would have been better.
Ann: Westpac announces $3.5 billion off-market share buy-back, page-2
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Last
$26.97 |
Change
0.180(0.67%) |
Mkt cap ! $93.56B | |||
| Open | High | Low | Value | Volume |
| $26.75 | $26.99 | $26.73 | $97.93M | 3.640M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248 | $26.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.97 | 9012 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$26.97 |
Change
0.180 ( 0.52 %) |
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| Open | High | Low | Volume | ||
| $26.75 | $26.99 | $26.73 | 839451 | ||
| Last updated 16.10pm 17/06/2024 ? | |||||
| WBC (ASX) Chart |
