WHC 3.84% $8.92 whitehaven coal limited

I was wondering. With the changes in franking credits usage in...

  1. 368 Posts.
    lightbulb Created with Sketch. 71
    I was wondering. With the changes in franking credits usage in off market buybacks does that mean that the only way that companies can offer franking credit benefits from profits to shareholders is via dividends. Therefore if WHC were to use up all its profits lets say to do on market buy backs that would mean that there will remain unutilised franking credits within the company that will be effectively useless. Is there any other way a company can utilise unused franking credits? So is WHC effectively throwing away 40% uplift to shareholders by pursuing a buyback rather than dividend policy?
    Last edited by merwej: 31/10/22
 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.