A major contributor to the rise in the CBA share price appears to be CBA itself.
CBA has bought back 2.589 million shares & can spend a total of $1 billion. So far, they have spent $282 million.
No wonder the share price is artificially high.
As of yesterday, they were allowed to pay up to $156 per share under the terms of the buyback.
The buyback is due to be completed by 13/8/2025.
I am not sure how this is going to affect the bottom line. Spending $282 million but 2.589 million fewer shares.
Ann: Update - Notification of buy-back - CBA, page-2
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 (20min delay)
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Last
$172.87 |
Change
-0.600(0.35%) |
Mkt cap ! $289.2B | |||
| Open | High | Low | Value | Volume |
| $173.40 | $173.61 | $170.97 | $281.9M | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $172.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $172.87 | 400 | 1 |
View Market Depth
| Last trade - 16.17pm 25/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |