BRK 7.69% 1.2¢ brookside energy limited

Ann: Unmarketable Parcel Share Sale Facility, page-12

  1. 33 Posts.
    lightbulb Created with Sketch. 13
    biggrin.png maybe clean up some noisy whingers off the register?

    But seriously, this is a share buyback...

    (273,199 + 913,242 + 862,676)*0.013 = ~$26,000 to clean up all the punters with less than 10,000 shares.

    Let's guess half of the 156,885,290 shares in the 10,001-100,00 class are unmarketable,

    (156,885,290*0.5)*0.013 = ~$1,019,754

    so a tad more than $1M worth of shares off the register, it's a quarterly buyback yielding 1.5%. If they bought back $1M of shares every quarter it'd be an annual shareholder yield of 6%.

    So much for @Pastry1 saying none of the money is coming back to shareholders cool.png
    Last edited by TripleCheese: 14/09/22
 
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