Check the announcement below. Buyback is on the New York Stock...

Check the announcement below. Buyback is on the New York Stock Exchange. It should provide some support for the share price. So far they have bought back 89,800 shares with the intention to buy 3,589,653 more.

Stochastic shows short term oversold so it could be heading back up off current levels. Any more opinions welcome.




Company Announcement


Daily Share Buy-Back Notice

RESMED INC 2002-12-17 ASX-SIGNAL-G

HOMEX - Sydney

+++++++++++++++++++++++++
APPENDIX 3E
DAILY SHARE BUY-BACK NOTICE
(EXCEPT MINIMUM HOLDING BUY-BACK AND
SELECTIVE BUY-BACK)

Name of Entity
Resmed Inc

ACN or ARBN
46 064 514 852

We (the entity) give ASX the following information.


INFORMATION ABOUT BUY-BACK

1. Type of buy-back On Market

2. Date Appendix 3C was given to N/A
to ASX

TOTAL OF ALL SHARES BOUGHT BACK, OR IN RELATION TO WHICH ACCEPTANCES
HAVE BEEN RECEIVED, BEFORE, AND ON, PREVIOUS DAY

BEFORE PREVIOUS
PREVIOUS DAY
DAY
As purchased on NYSE:

3. Number of shares bought 89,800 -
back or if buy-back is
an equal access scheme,
in relation to which
acceptances have been
received

USD
4. Total consideration paid 2,414,539 -
or payable for the shares

5. If buy-back is an on-market
buy-back
Highest price paid Highest price paid
26.98 -
Date: 12/06/2002

Lowest price paid Lowest price paid
26.24 -
Date: 14/06/2002
Highest price
allowed under rule
7.33:
-

BEFORE PREVIOUS
PREVIOUS DAY
DAY
As purchased on ASX:

3. Number of shares bought 3,205,469 (CUFS) 50,182 (CUFS)
back or if buy-back is
an equal access scheme,
in relation to which
acceptances have been
received

AUD AUD
4. Total consideration paid 15,677,180 255,747
or payable for the shares

5. If buy-back is an on-market
buy-back
Highest price paid Highest price paid
5.22 5.10
Date: 13/12/2002

Lowest price paid Lowest price paid
4.63 5.09
Date: 13/06/2002
Highest price
allowed under rule
7.33:
-

PARTICIPATION BY DIRECTORS

6. Deleted 30/9/2001 Nil


HOW MANY SHARES MAY STILL BE BOUGHT BACK.

7. If the company has disclosed 3,589,653 3,584,635
an intention to buy back a (35,896,530 CUFS) (35,846,348 CUFS)
maximum number of shares - the
remaining number of shares to
be bought back

COMPLIANCE STATEMENT

1. The Company is in compliance with all Corporations Law requirements
relevant to this buy-back.

2. There is no information that the listing rules require to be
disclosed that has not already been disclosed, or is not contained
in, or attached to, this form.


C Roberts
DIRECTOR/COMPANY SECRETARY

17/12/2002