Here you go.
Say if the average price used was $28 and BHP applied the 14% discount as they did last time the buyback price would be $24.08.
The $24.08 consists of $2.50 capital retun and $21.58 FF dividend so to calculate tax gross up the FF div (/70*30) gives you $9.24 Franking.
Add the FF Div and the franking = $30.83 * 15% tax (super fund) = $4.62 tax leaving $4.62 excess franking.
Total paid is then buyback $24.08 + excess franking $4.62 = 28.70.
So if you have a SMSF, in allocated pension mode or paying <15% tax buyback is a good thing plus on these calculations gives a $24.08 capital loss per share.
buyback, page-19
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Last
$43.43 |
Change
-0.470(1.07%) |
Mkt cap ! $221.4B | |||
| Open | High | Low | Value | Volume |
| $43.75 | $43.82 | $43.43 | $279.5M | 6.424M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5828 | $43.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.45 | 75000 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |