On yesterday's closing price you need a 5 day weighted buy back price of $22.62 to make any profit at all. That includes all dividends, franking credits and zero tax.
I haven't allowed for buying costs on top og yesterdays price and the fact that franking credits don't really come in our bank accounts until a year later.
Westpac off market buy back had been flagged months ago and I suspect many investors had built positions in anticipation of it who are now dumping their shares.
Ann: Westpac announces $3.5 billion off-market share buy-back, page-141
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Last
$33.99 |
Change
0.080(0.24%) |
Mkt cap ! $116.2B | |||
| Open | High | Low | Value | Volume |
| $33.90 | $34.00 | $33.65 | $99.58M | 2.935M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1475 | $33.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.99 | 385 | 1 |
View Market Depth
| Last trade - 16.15pm 07/08/2025 (20 minute delay) ? |
| WBC (ASX) Chart |