It means that they will buy the shares for the DRP on market rather than issuing new shares. This neutralizes the dilution.
Ann: Westpac 1H23 Presentation and Investor Discussion Pack, page-8
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$29.58 |
Change
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Mkt cap ! $102.3B | |||
| Open | High | Low | Value | Volume |
| $29.20 | $29.63 | $29.13 | $115.4M | 3.922M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 5897 | $29.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.59 | 12401 | 24 |
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