Looks like the structure of this buyback will reduce the share price in the short term , not increase it. They are trying to get as many shares as possible for the lowest price possible.
Ann: Westpac announces $3.5 billion off-market share buy-back, page-67
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Last
$28.22 |
Change
-0.260(0.91%) |
Mkt cap ! $97.71B | |||
| Open | High | Low | Value | Volume |
| $28.18 | $28.27 | $27.99 | $168.3M | 6.150M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8799 | $28.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.25 | 14421 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |