CBA 0.34% $129.55 commonwealth bank of australia.

Ann: CBA announces $6 billion off-market share buy-back, page-25

  1. 2,025 Posts.
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    still holding and will continue to do so, forced to go o and try learn what a buy back is, would have preferred special dividend to buy more

    is the buy back and arrangement where they buy a % of the shares I own back at a discount, and I don't get taxed on the personal income tax for returning them at a profit from my original investment, then I just put my money back in the following day at the higher price and the difference between the disucount by price and the trading price is essentially the cost or tax I would have paid?

    ffs, I figured they just brought shares back at market, removed them from circulation, holder revive thin increase in sp and expect better dividends

    why is it not that simple
 
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