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Woolworths declares $2b share buyback but warns of COVID’s ‘profound impact’ – Sydney Morning Herald

The supermarket giant has seen profits jump by 20 per cent due to some panic buying and overall heightened sales as supermarkets…

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Retail giant Woolworths has launched a $2 billion share buyback following the demerger of its drinks business Endeavour and a bumper year for sales and profits at its supermarkets.
But chief executive Brad Banducci has warned the COVID-19 would continue…

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