The cap is $300M set by the company.
As to the price payable see Chapter 7 of the ASX Listing Rules-
"Purchase price under on-market buy-back 7.33
A company may only buy back shares under an on-market buy-back at a price which is not more than 5% above the + volume weighted average market price for + securities in that + class,calculated over the last 5 days on which sales in the shares were recorded before the day on which the purchase under the buy-back was made.
+ See chapter 19 for defined terms"
Ann: Update - Notification of buy-back - NST, page-6
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Last
$14.27 |
Change
0.190(1.35%) |
Mkt cap ! $16.39B | |||
| Open | High | Low | Value | Volume |
| $14.30 | $14.41 | $14.20 | $36.04M | 2.520M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 18568 | $14.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.28 | 14157 | 41 |
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| Last trade - 15.40pm 01/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |