Whats the benefit of Woolies (WOW) off market buy back?
Hi James, Would appreciate some feedback on the Woolworths off market buy back. I had originally 2000 shares of which Woolworths purchased 523..I operate a SMSF in pension phase and do not pay any tax on same. The shares closed on Monday at $40.42,with the buyback price being $34.46 ( Capital component $4.31 ), and Dividend component of $30.15. Could you please advise the net benefit of same based on the 523 shares purchased. Regards John