Huh I give up after reading the bhp drp plan I couldn’t make head or tail of it.
It seems to have a mix of dividend reinvestment and on market buy share buy back. ?
Normally a div reinvestment plan increases the shares on issue and gives the company more capital to work with and a on market buy back lowers the shares on issue which increases future div value.
Ann: Dividend/Distribution - WDS, page-117
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