I thought the idea behind the buyback is that it is a tax-effective benefit to shareholders. CSL dividends are unfranked, therefore not so beneficial to Australian shareholders. On the other hand, a boost to the share price (which is what the buyback achieves) is associated with 50% capital gains benefit under the Australian tax system. Happy to be corrected on this if I'm wrong.
I thought the idea behind the buyback is that it is a...
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 (20min delay)
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Last
$275.00 |
Change
1.700(0.62%) |
Mkt cap ! $132.8B | |||
| Open | High | Low | Value | Volume |
| $274.75 | $275.49 | $272.56 | $122.9M | 448.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $274.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $275.01 | 685 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$275.00 |
Change
1.700 ( 0.60 %) |
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| Open | High | Low | Volume | ||
| $274.80 | $275.48 | $272.60 | 29224 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| CSL (ASX) Chart |