Might be, might not. Marginal tax rate isn't the whole story, and only you know the rest. You get a big capital loss for CGT and a big franked div, which probably don't look enough on paper against the current share price - but then if you are thinking of selling any day soon you would presumably be paying CGT then. You'll have to do your own calcs - and make sure you check the Tax Office's rulings on the buyback terms.
Ann: Rio Tinto share buy-back programme, page-14
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Last
$125.91 |
Change
-0.050(0.04%) |
Mkt cap ! $46.76B | |||
| Open | High | Low | Value | Volume |
| $127.50 | $127.77 | $125.51 | $96.42M | 763.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1316 | $138.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $113.32 | 19480 | 2 |
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| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| RIO (ASX) Chart |