SIQ 1.45% $8.37 smartgroup corporation ltd

Can someone please help explain how does this buy-back work?...

  1. 167 Posts.
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    Can someone please help explain how does this buy-back work?
    Current share price is around $8.11, so how do they buy the shares from the ASX market at $6.3789?


    https://hotcopper.com.au/data/attachments/4097/4097910-b9d29d3321fbb879411da363021f2442.jpg
 
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