its not really connected though is it? They have had an on market buy back running for some time. The other is offering a slight discount to market for people reinvesting the dividend. It benefits cashflow for companies to not have to pay out all the dividend - large numbers of companies do the same.
Ann: Dividend Reinvestment Plan - Pricing of New Securities, page-3
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Last
38.0¢ |
Change
0.020(5.56%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 38.0¢ | 36.5¢ | $366.6K | 980.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1394 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 193185 | 6 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |
