A major contributor to the rise in the CBA share price appears to be CBA itself.
CBA has bought back 2.589 million shares & can spend a total of $1 billion. So far, they have spent $282 million.
No wonder the share price is artificially high.
As of yesterday, they were allowed to pay up to $156 per share under the terms of the buyback.
The buyback is due to be completed by 13/8/2025.
I am not sure how this is going to affect the bottom line. Spending $282 million but 2.589 million fewer shares.
A major contributor to the rise in the CBA share price appears...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$182.53 |
Change
-0.320(0.18%) |
Mkt cap ! $305.4B | |||
| Open | High | Low | Value | Volume |
| $182.51 | $183.00 | $180.13 | $1.091B | 6.388M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $182.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $182.55 | 3394 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |