WBC 2.29% $27.03 westpac banking corporation

I know the buy back is not as good as it could have been but I...

  1. 932 Posts.
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    I know the buy back is not as good as it could have been but I am still going to participate as there are benefits in doing so. Market price is determined from Feb 7 to 11. Next week I am going to progressively buy the same quantity I am offering in the buyback at 0% discount so my sale price should approximate my buy price next week If my offer is accepted I will still own the same number of shares. I will have a capital loss (most of us paid more than $11.34 for our shares) to use against future profits plus a sizable dividend plus imputation credits. If my offer is not accepted I will end up with twice my current shareholding. I am retired and don't pay tax. What am I missing??
 
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Last
$27.03
Change
0.605(2.29%)
Mkt cap ! $93.24B
Open High Low Value Volume
$26.77 $27.17 $26.70 $130.8M 4.857M

Buyers (Bids)

No. Vol. Price($)
35 6168 $27.02
 

Sellers (Offers)

Price($) Vol. No.
$27.03 11865 20
View Market Depth
Last trade - 13.06pm 06/05/2024 (20 minute delay) ?
Last
$26.99
  Change
0.605 ( 2.16 %)
Open High Low Volume
$26.77 $27.17 $26.72 874310
Last updated 13.24pm 06/05/2024 ?
WBC (ASX) Chart
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