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The good and bad news about bank buybacks – The Australian Financial Review

CBA is widely expected to unleash a $5 billion share buyback next month. But will lockdowns make the board cautious?

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First, the good news, as is only appropriate with half the country in lockdown. Wiles says ANZs announcement of a $1.5 billion buyback last week suggests the prudential regulator is prepared to give banks a bit more leeway on capital requirements than the…

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