no it doesn't
no company is "obliged" to do an Off Market Buyback to eliminate excess franking credits
just as no investor is obliged to sell their shares through the mechanism
the method has been wrong since Lend Lease did the first one in 2000
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- Ann: Announcement of buy-back - Appendix 3C
NHC
new hope corporation limited
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1.03%
!
$3.85

no it doesn'tno company is "obliged" to do an Off Market Buyback...
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Last
$3.85 |
Change
-0.040(1.03%) |
Mkt cap ! $3.254B |
Open | High | Low | Value | Volume |
$3.87 | $3.89 | $3.79 | $8.646M | 2.253M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10605 | $3.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.86 | 19461 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10605 | 3.840 |
3 | 14434 | 3.830 |
6 | 15955 | 3.820 |
4 | 13762 | 3.810 |
5 | 58213 | 3.800 |
Price($) | Vol. | No. |
---|---|---|
3.860 | 19461 | 1 |
3.870 | 16363 | 3 |
3.880 | 14434 | 3 |
3.890 | 11005 | 2 |
3.900 | 3945 | 2 |
Last trade - 16.18pm 24/06/2025 (20 minute delay) ? |
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NHC (ASX) Chart |