You are correct.
People should also look at when a dividend can be paid and the relationship between having retained profits.
If anything, a capital return would be more likely, but that potentially leaves people holding a capital gain to deal with.
The buyback increases your percentage ownership of the company without affecting the shareholders' income or taxes, at least until they sell.
You are correct.People should also look at when a dividend can...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $109.9K | 9.155M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 10848681 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 22910913 | 18 |
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| Last trade - 15.44pm 28/06/2024 (20 minute delay) ? |
| BRK (ASX) Chart |