BHP 2.50% $38.64 bhp group limited

buyback

  1. 45 Posts.
    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?
 
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Last
$38.64
Change
-0.990(2.50%)
Mkt cap ! $196.0B
Open High Low Value Volume
$38.88 $39.09 $38.63 $377.3M 9.726M

Buyers (Bids)

No. Vol. Price($)
7 2476 $38.63
 

Sellers (Offers)

Price($) Vol. No.
$38.65 42365 3
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Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
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