Another way to explain it is if OZminerals has 3,121,339,730...

Another way to explain it is if OZminerals has 3,121,339,730 shares outstanding and a buyback of 1.5 bill repurchases 789,473,684 shares @ 1.90 leaving 2,331,866,046.

Originally each share equates to 100 /3,121,339,730 = 0.00000320% of the company

After the buy back each share equates to 100/ 2,331,866,046
= 0.00000429% of the company.

This is an increase per share of = 0.00000429% / 0.00000320% = 1.3386 => 33.86% in value

so a 1.90 shareprice increase by 33.86% = $2.54 an increase of 64cents

Ryan