WBC 0.74% $28.53 westpac banking corporation

i still don’t quite understand the incentive of selling shares...

  1. 199 Posts.
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    i still don’t quite understand the incentive of selling shares to westpac in the buy back at a lower price than market price.

    is it because you are in a higher tax bracket and/or have capital gains?

    seems like sell low and buy high, but obviously that’s not the case or else nobody would do it

    Last edited by arnie22: 10/12/21
 
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