The 2022 Qantas share buy-back of up to $400m was announced 25/8/22 and commenced 12/9/22.
The plan should cancel around 100m shares, a very small proportion of the 1.9b on issue.
Share buybacks benefit the shareholder by increasing their ownership stake and unlike dividends which also benefit shareholders, a buyback is considerably more lucrative for execs who are often compensated with share options.
The results announcement which included the buy-back resulted in a considerable jump in the share price, and while for most of this year QAN had been loosely tracking the broader US market & the AUD, it seems to have diverged for now.
The buyback is 16 days in and this table shows the progress so far:
The actual rate of progress will gain clarity as time goes on, but this is the current projection:
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 (20min delay)
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Last
$11.41 |
Change
-0.320(2.73%) |
Mkt cap ! $17.26B | |||
| Open | High | Low | Value | Volume |
| $11.88 | $11.92 | $11.41 | $49.00M | 4.227M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8697 | $11.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.41 | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| QAN (ASX) Chart |