Please see below table of companies who think the best use of excess capital is to buy back company shares. 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 look to repurchase shares when they think they are undervalued.

 

See members section for the full list. Sign up to the weekly newsletter at the bottom of the page to get notifications of the latest buybacks.

 

 

Upcoming & recent buybacks
CompanyCode AnnouncedTime periodShares to buy back
Antipodes Global Investment CompanyAPL2019-07-19 12:07:001/8/19-31/7/20up to 37,569837
EmpiredEPD2019-07-02 12:07:0017/7/19-17/7/20up to 15,269,298 shares
Pengana CapitalPCG2019-06-27 12:06:0012 months from 27/6/19up to 10,161,444
Scentre GroupSCG2019-06-27 12:06:0012 months$800 million worth
Fletcher BuildingFBU2019-06-26 12:06:00will start following full year resultsup to NZD$300m
Spheria Emerging CompaniesSEC2019-06-24 12:06:001/6/19-30/6/20up to $5 million worth
Absolute Equity Performance FundAEG2019-06-17 12:06:0012 monthsup to 10,126,422
Vita Life SciencesVLS2019-05-31 12:05:0031/5/19-31/5/198,296,835, up to 15% of issue
NAOS Ex-50 Oppourtunitiies CompanyNAC2019-05-20 12:05:005/06/19-4/06/20up to 10% of capital (5,253,688 shares)
Cadence CapitalCDM2019-05-15 12:05:0001/06/19-31/05/20up to 31,795,000
Kelly Partners GroupKPG2019-04-17 12:04:008/5/19-7/5/20up to 10% of issued capital being 4,549,7187 shares at 17/4/19
Centuria Capital GroupCNI2019-04-15 12:04:0012 monthsup to 30,479,317
Aurora Global Income TrustAIB2019-04-04 12:04:0018/04/19-18/04/20up to 761,067
Trimantium GrowthOpsTGO2019-03-15 12:03:0029/3/19-29/3/20up to the lessor of $5 million worth or 9,486,900 shares
Glennon Small CompaniesGC12019-03-01 12:03:0019/3/19-19/3/20up to 10% of issued capital
Bingo IndustriesBIN2019-02-28 12:02:0015/3/19-15/3/20up to $75 million worth of shares
CaltexCTX2019-02-26 12:02:0018/3/19-12/4/19target size approx. $260 million
Mitchell ServicesMSV2019-02-26 12:02:0018-/3/19-17/3/20up to 173,837,634
CSR LimitedCSR2019-02-25 12:02:00ongoingup to $100 million worth of shares
Please note information relating to any securities mentioned is not a buy or sell recommendation and you should always investigate further and make up your own mind on the course of action to take. The information presented has been obtained from original and published sources believed to be reliable, but its accuracy cannot be guaranteed. The entire contents are copyright. Reproduction in whole or part is strictly forbidden without the approval of the publisher. This information is not financial advice and does not take into account your personal situation and we accept no responsibility for any claim, loss or damage as a result of information on this website.