Buybacks

What is a buyback?

A buyback, also known as a repurchase, is the purchase by a company of a portion of its outstanding shares that reduces the number of its shares on the open market. This increases the EPS (earnings per share), all else being equal. It is usually looked upon favourably, as management usually look to repurchase shares when they think they are undervalued.  Click here to learn more about share buybacks.

To purchase a spreadsheet of all ASX companies currently buying back shares, click here.

For more information check the company buy-back announcement.

Latest ASX share buybacks
Company  Announced Time period Shares to buy back
ICandy Interarctive (ASX:ICI) 17/9/21 29/9/21-30/9/22 Max. 36m
Prime Financial (ASX:PFG) 15/9/21 1/10/21-30/9/22 Max. 19.7m
New Solar Energy (ASX:NEW) 9/9/21 14/9/21-22/10/21 Max. 34.7m
Pengana Capital (ASX:PCG) 31/8/21 14/9/21-14/9/22 Max. 10.2m
AVA Risk Group (ASX:AVA) 31/8/21 15/9/21-14/9/22 Max. 23.5m
Link Market Services (ASX:LNK) 26/8/21 3/9/21-16/9/22 Max. 53m
Woolworths (ASX:WOW) 26/8/21 17/9/21-26/10/22 Max. 58.1m
SIMS Metals (ASX:SGM) 23/08/21 6/9/21-06/09/22 Max. $150m worth
DRA Global (ASX:DRA) 19/08/21 6/9/21-05/09/22 Max. $5.4m worth
Emeco Holdings (ASX:EHL) 18/08/21 1/9/21-22/02/22 Max. $3.8m worth