Webb8 apr. 2024 · Based on Woodside’s share price of US$25.554 at 6 April 2024, the implied value of BHP Petroleum is US$23.4 billion. At this valuation, which is subject to change, the in specie dividend would be US$4.62 with US$1.98 of franking credits being distributed per BHP share (US$10.0 billion of franking credits in total).5 Webb14 nov. 2024 · The articles are related because they both touch on franking. The first (a letter to the AFR) concerns the utilisation by BHP of franking credits to affect the buyback of its shares. The second extends the debate concerning franking into a broader discussion regarding the objectives of Australia's superannuation system.
Off-market share buy-backs: the impact of tax changes on investor …
Webb12 dec. 2024 · The Federal Labor Party has stated it would change the dividend imputation system if returned to power in 2024. This is expected to see a spike in the number of off … WebbThese retained earnings and their franking credits could be paid out in full (and in some cases have been) funded by the company issuing new shares to the same value. This … pop and pvc
The value of share buybacks McKinsey
WebbWith the capital component being $4.31, the other $30.80 would represent a fully franked dividend, which would have a $13.20 franking credit attached. For a tax-exempt … WebbBuy-Back, reducing the number of shares outstanding by 4.6% of issued capital. The Buy-Back improves our capital efficiency, returns franking credits and reduces our share count for the benefit of all shareholders. Westpac’s capital position remains strong after completing this Buy-Back.” Outcomes Webb13 aug. 2024 · Even if a share buyback is priced at a discount to the prevailing market price, franking credits flowing through to many shareholders can more than make up for the discount. Share buybacks undertaken by big companies can involve many millions of … sharepoint classic to modern sites