The $3.5b buyback is a non-event for me. A boatload of new WBC are issued every year through things like employee incentive schemes and the dividend reinvestment plan (DRP). Last FY WBC issued ~57m new shares through the DRP alone, worth about $1.4b at current prices. Plus, there'll be equity raisings from time to time for whatever reason, e.g. WBC did a $2.5b equity raising in 2019 due to the Austrac fiasco. The buyback won't change the trajectory of total shares on issue in the long run, which will go up over time.
The $3.5b buyback is a non-event for me. A boatload of new WBC...
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Last
$26.97 |
Change
0.180(0.67%) |
Mkt cap ! $93.56B | |||
| Open | High | Low | Value | Volume |
| $26.75 | $26.99 | $26.73 | $97.93M | 3.640M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 248 | $26.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.97 | 9012 | 2 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$26.97 |
Change
0.180 ( 0.52 %) |
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| Open | High | Low | Volume | ||
| $26.75 | $26.99 | $26.73 | 839451 | ||
| Last updated 16.10pm 17/06/2024 ? | |||||
| WBC (ASX) Chart |
