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$26.56 westpac banking corporation

Ann: Westpac announces $3.5 billion off-market share buy-back, page-3

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floydf

838 Posts.

1

01/11/21

10:01

Post #: 57222175
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Originally posted by boomeronrations: ↑

Hi,
I think these bank buybacks are an abomination , basically an unfair tax dodge for SMSF's and others on very low tax rates. As a consequence I am in all of them boots and all.
My reading of this one is that it is a waste of time, the dividend component is too small , hence there isn't much extra profit in taking this up at the 14% discount , even at 10% barely worth bothering.
Unless I have misread it, a special dividend would have been better.

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Agree... dividend to small.
Director fail again.

WBC Price at posting: $25.67 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $26.56		Change 0.000(0.00%)		Mkt cap ! $92.14B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	22116	$28.61

Sellers (Offers)

Price($)	Vol.	No.
$23.91	8	1

View Market Depth

No.	Vol.	Price($)
1	21796	28.690
1	2651	27.890
6	11272	27.880
1	3000	27.360
5	5339	27.350

Price($)	Vol.	No.
23.910	8	1
23.920	620	1
24.710	1448	1
25.000	1920	1
25.240	7031	6

Last trade - 09.38am 27/05/2024 (20 minute delay)

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