WBC 1.50% $26.42 westpac banking corporation

The buyback is good for everyone and the 7% drop makes it even...

  1. 42 Posts.
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    The buyback is good for everyone and the 7% drop makes it even better in the longrun. if yoj sell into the buyback you get a capital loss that you should offset against a capital gain on stocks you have held ofor less than 12 mobths this is important. smsfs will get the franking credit as will sposes on low tax rates. remainkng wbc holders will benefit because there are $3b less share on issue. and the best thing is that they can now buy back 7% more shares because the price will be cheaper. its a win win win. you have a few days left to buy sharss to sell into the buyback 380-450 shares. if u have a smsf or cap gains do the numbers. and you get the divident this week too. money money money for nothing
 
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Last
$26.42
Change
0.390(1.50%)
Mkt cap ! $91.76B
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$26.16 $26.47 $26.13 $147.7M 5.647M

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No. Vol. Price($)
1 30 $26.39
 

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Price($) Vol. No.
$26.43 3000 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$26.47
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$26.20 $26.47 $26.14 1219996
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