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
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WBC
westpac banking corporation
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2.71%
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$34.33

i still don’t quite understand the incentive of selling shares...
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Last
$34.33 |
Change
0.905(2.71%) |
Mkt cap ! $117.5B |
Open | High | Low | Value | Volume |
$33.63 | $34.48 | $33.56 | $166.0M | 4.854M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 1896 | $34.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.33 | 3436 | 33 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2719 | 34.360 |
16 | 6767 | 34.350 |
10 | 4768 | 34.340 |
10 | 4318 | 34.330 |
7 | 4466 | 34.320 |
Price($) | Vol. | No. |
---|---|---|
34.370 | 2000 | 20 |
34.380 | 4932 | 33 |
34.390 | 2780 | 14 |
34.400 | 6407 | 17 |
34.410 | 4412 | 8 |
Last trade - 15.50pm 24/06/2025 (20 minute delay) ? |
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WBC (ASX) Chart |