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CBA could launch a $5.5b buyback, pay $3.5b in dividends – The Australian Financial Review
Investors will be licking their lips if Australia’s biggest bank delivers an expected off-market share buyback on Wednesday.
A structure such as this would be a very good deal for shareholders, according to Mr Johnson, with retired investors in zero tax environments able to make the most of the supersized franking credit. Shareholders would tender or bid an allotment of shares…
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