WBC 1.86% $30.14 westpac banking corporation

Ann: Westpac announces $3.5 billion off-market share buy-back, page-558

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  1. 188 Posts.
    lightbulb Created with Sketch. 23
    On current price there is no value in selling in buy back at 14% discount. You may still make some small profit if you sell at lower discounts and can buy back at same or lower prices but the benefit is shrinking fast, who knows if there would be any left in 2 weeks time.

    I assume as a nil tax payer you don't have to worry about wash rules.
 
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