i still don’t quite understand the incentive of selling shares to westpac in the buy back at a lower price than market price.
is it because you are in a higher tax bracket and/or have capital gains?
seems like sell low and buy high, but obviously that’s not the case or else nobody would do it
Ann: Westpac amends Buy-Back terms and extends timetable, page-3
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Last
$32.26 |
Change
0.340(1.07%) |
Mkt cap ! $110.9B | |||
| Open | High | Low | Value | Volume |
| $32.26 | $32.35 | $32.08 | $140.1M | 4.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11361 | $32.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.27 | 7550 | 1 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| WBC (ASX) Chart |