NST 0.92% $14.21 northern star resources ltd

Ann: Update - Notification of buy-back - NST, page-6

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    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"
 
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